Luda Technology Group Limited (NYSEAMERICAN:LUD – Get Free Report)’s stock price was up 1.1% on Wednesday. The stock traded as high as $4.10 and last traded at $3.69. Approximately 9,042 shares traded hands during trading, an increase of 71% from the average daily volume of 5,291 shares. The stock had previously closed at $3.65.
Luda Technology Group Stock Performance
The firm’s fifty day moving average price is $4.14 and its 200 day moving average price is $4.67.
Luda Technology Group Company Profile
Luda Technology Group Limited is a Cayman Islands holding company that conducts its operating activities through subsidiaries in China. The company focuses on the design, manufacture and sale of equipment used in road construction and other infrastructure projects.
Its product portfolio includes asphalt mixing plants, concrete mixing plants, stabilized soil mixing equipment, crushing and screening machinery, and related spare parts and services. These systems are used to produce and process asphalt, concrete and other construction materials for highways, urban development and general civil-engineering applications.
Luda’s operations are based in China, and its products are marketed to customers in domestic and international construction and infrastructure markets.
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