Luda Technology Group Limited (NYSEAMERICAN:LUD – Get Free Report) shares rose 5.5% during trading on Friday . The stock traded as high as $9.52 and last traded at $9.52. Approximately 3,697 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 6,076 shares. The stock had previously closed at $9.02.
Luda Technology Group Trading Up 5.5%
The business has a fifty day simple moving average of $8.54 and a two-hundred day simple moving average of $8.37. The company has a current ratio of 1.57, a quick ratio of 1.39 and a debt-to-equity ratio of 0.03.
Luda Technology Group Company Profile
Luda Technology Group Ltd (AMEX:LUD) is a US-listed technology company specializing in the development and commercialization of artificial intelligence and autonomous system solutions. The company’s core expertise lies in SLAM (Simultaneous Localization and Mapping) and advanced perception algorithms, enabling real-time 3D mapping, navigation and obstacle avoidance for robotic and unmanned platforms. Luda’s technology base supports applications ranging from indoor service robots to outdoor autonomous vehicles.
Its product suite comprises both hardware modules and software development kits designed for integration by original equipment manufacturers and system integrators.
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