LMP Automotive Holdings, Inc. (OTCMKTS:LMPX – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $0.08 and traded as low as $0.05. LMP Automotive shares last traded at $0.05, with a volume of 200 shares.
LMP Automotive Stock Up 20.0%
The business’s 50 day moving average is $0.09 and its two-hundred day moving average is $0.08.
LMP Automotive Company Profile
LMP Automotive Holdings, Inc was an automotive retail company that operated an omnichannel platform for purchasing vehicles through dealerships and digital channels. Its business focused on the sale of new and used automobiles, along with related financing, insurance, vehicle protection products, parts, maintenance, and repair services.
The company sought to combine traditional dealership operations with online vehicle-shopping and transaction capabilities. Its dealership activities were concentrated primarily in the southeastern United States, including Florida, with operations and acquisition efforts varying over time.
LMP Automotive Holdings became publicly traded under the symbol LMPX in 2020.
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