Luda Technology Group (NYSEAMERICAN:LUD) Releases Quarterly Earnings Results

Luda Technology Group (NYSEAMERICAN:LUD) posted its quarterly earnings results on Friday. The company reported ($0.08) EPS for the quarter, FiscalAI reports. The firm had revenue of $5.92 million during the quarter.

Luda Technology Group Stock Performance

NYSEAMERICAN:LUD traded down $0.27 on Friday, hitting $3.63. The stock had a trading volume of 1,756 shares, compared to its average volume of 65,994. The company has a fifty day moving average price of $4.02 and a two-hundred day moving average price of $5.00. Luda Technology Group has a 1-year low of $2.90 and a 1-year high of $24.20.

About Luda Technology Group

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. We have established an operation history of over 20 years. We are principally engaged in (i) the manufacture and sale of stainless steel and carbon steel flanges and fittings products; and (ii) trading of steel pipes, valves, and other steel tubing products.