Luda Technology Group (NYSEAMERICAN:LUD) Stock Price Up 5.5% - What's Next?
Luda Technology Group's stock rose 5.5% during mid-day trading, reaching $7.00 before settling at $6.92. Despite the rise, trading volume was down 54% from average. Analysts currently rate the stock as Hold, suggesting other stocks may be better buys.
Luda Technology Group Limited (NYSEAMERICAN:LUD - Get Free Report) shot up 5.5% during mid-day trading on Monday . The stock traded as high as $7.00 and last traded at $6.92. 14,313 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 31,261 shares. The stock had previously closed at $6.56.
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Luda Technology Group Price Performance
The firm has a 50-day moving average of $10.46 and a 200-day moving average of $7.04.
About Luda Technology Group
(Get Free Report)We are a manufacturer and trader of stainless steel and carbon steel flanges and fittings products. Our history began with Luda HK which was incorporated in Hong Kong in 2004 and is principally engaged in the trading of steel flanges and fittings. In 2005, the Company's business expanded further upstream when Luda PRC was set up to commence the manufacturing of flanges and fittings with self-owned factory in China.
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