LMP Automotive Holdings, Inc. (OTCMKTS:LMPX – Get Rating) shot up 0.4% on Friday . The company traded as high as $2.69 and last traded at $2.69. 2,150 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 16,653 shares. The stock had previously closed at $2.68.
LMP Automotive Stock Up 0.4 %
The business has a fifty day moving average of $3.09 and a two-hundred day moving average of $6.26.
Get LMP Automotive alerts:Hedge Funds Weigh In On LMP Automotive
An institutional investor recently raised its position in LMP Automotive stock. Bank of New York Mellon Corp increased its holdings in LMP Automotive Holdings, Inc. (OTCMKTS:LMPX – Get Rating) by 10.0% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 26,484 shares of the company's stock after acquiring an additional 2,397 shares during the period. Bank of New York Mellon Corp owned approximately 0.24% of LMP Automotive worth $132,000 at the end of the most recent quarter. 0.22% of the stock is currently owned by institutional investors and hedge funds.
LMP Automotive Company Profile
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LMP Automotive Holdings, Inc, through its subsidiaries, buys, sells, rents and subscribes for, and obtains financing for automobiles online and in person in the United States. It primarily buys pre-owned automobiles primarily through auctions or directly from other automobile dealers, as well as new automobiles from manufacturers and manufacturer distributors at fleet rates.
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