Luda Technology Group (NYSEAMERICAN:LUD) Trading Up 5.8% – Still a Buy?

Shares of Luda Technology Group Limited (NYSEAMERICAN:LUDGet Free Report) traded up 5.8% on Thursday . The company traded as high as $5.11 and last traded at $4.89. 281,856 shares were traded during mid-day trading, an increase of 212% from the average session volume of 90,383 shares. The stock had previously closed at $4.62.

Luda Technology Group Price Performance

The business has a fifty day simple moving average of $4.96 and a two-hundred day simple moving average of $6.64.

Luda Technology Group (NYSEAMERICAN:LUDGet Free Report) last posted its earnings results on Saturday, May 16th. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $8.20 million during the quarter.

Luda Technology Group Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Luda Technology Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Luda Technology Group and related companies with MarketBeat.com's FREE daily email newsletter.