Shares of LMP Automotive Holdings, Inc. (OTCMKTS:LMPX – Get Free Report) passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $0.08 and traded as low as $0.05. LMP Automotive shares last traded at $0.05, with a volume of 200 shares.
LMP Automotive Price Performance
The stock has a 50-day simple moving average of $0.09 and a 200-day simple moving average of $0.08.
About LMP Automotive
LMP Automotive Holdings, Inc was an automotive retail company that operated an omnichannel platform for purchasing vehicles through dealerships and digital channels. Its business focused on the sale of new and used automobiles, along with related financing, insurance, vehicle protection products, parts, maintenance, and repair services.
The company sought to combine traditional dealership operations with online vehicle-shopping and transaction capabilities. Its dealership activities were concentrated primarily in the southeastern United States, including Florida, with operations and acquisition efforts varying over time.
LMP Automotive Holdings became publicly traded under the symbol LMPX in 2020.
Further Reading
- Five stocks we like better than LMP Automotive
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for LMP Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LMP Automotive and related companies with MarketBeat.com's FREE daily email newsletter.
