Shares of LMP Automotive Holdings, Inc. (OTCMKTS:LMPX – Get Free Report) were down 8.3% during trading on Wednesday . The company traded as low as $0.06 and last traded at $0.17. Approximately 1,200 shares traded hands during trading, a decline of 65% from the average daily volume of 3,443 shares. The stock had previously closed at $0.18.
LMP Automotive Stock Performance
The firm’s 50-day moving average is $0.19 and its two-hundred day moving average is $0.16.
About LMP Automotive
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 distributors at fleet rates.
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