LMP Automotive (OTCMKTS:LMPX) Trading 53.8% Higher – What’s Next?

Shares of LMP Automotive Holdings, Inc. (OTCMKTS:LMPXGet Free Report) rose 53.8% on Friday . The company traded as high as $0.20 and last traded at $0.20. Approximately 19,252 shares traded hands during mid-day trading, an increase of 532% from the average daily volume of 3,047 shares. The stock had previously closed at $0.13.

LMP Automotive Stock Up 53.8 %

The company’s 50 day moving average price is $0.15 and its 200-day moving average price 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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