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Lobo EV Technologies Ltd. ( (LOBO) ) has issued an update.
On April 21, 2025, Lobo EV Technologies Ltd.’s subsidiary, Jiangsu LOBO, completed the disposal of its wholly-owned subsidiary, Beijing LOBO Intelligent Machine Co., Ltd., for RMB 27,000,000. This strategic move, approved by the company’s board, aligns with Lobo EV’s focus on its core electric vehicle manufacturing operations, potentially enhancing its market positioning and operational efficiency.
The most recent analyst rating on (LOBO) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Lobo EV Technologies Ltd. stock, see the LOBO Stock Forecast page.
Spark’s Take on LOBO Stock
According to Spark, TipRanks’ AI Analyst, LOBO is a Neutral.
Lobo EV Technologies Ltd. faces significant challenges with profitability and liquidity, as reflected in its financial performance and valuation scores. Technical analysis indicates weak momentum, further impacting the overall score. The lack of earnings call and corporate events data limits additional insights.
To see Spark’s full report on LOBO stock, click here.
More about Lobo EV Technologies Ltd.
Lobo EV Technologies Ltd. operates in the electric vehicle industry, focusing on the design and manufacture of two-wheeled electric vehicles, three-wheeled electric vehicles, and off-highway four-wheeled electric shuttles in China.
Average Trading Volume: 9,145,195
Technical Sentiment Signal: Sell
Find detailed analytics on LOBO stock on TipRanks’ Stock Analysis page.