LMP Automotive (OTCMKTS:LMPX) Stock Price Down 8.3% – Should You Sell?

LMP Automotive Holdings, Inc. (OTCMKTS:LMPXGet Free Report)’s stock price was down 8.3% on Wednesday . The stock traded as low as $0.06 and last traded at $0.17. Approximately 1,200 shares were traded 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 business’s 50 day simple moving average is $0.19 and its two-hundred day simple moving average is $0.16.

About LMP Automotive

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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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