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LMP Automotive Holdings (LMP Automotive Holdings) 50-Day SMA : $0.10 (As of May. 01, 2024)


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What is LMP Automotive Holdings 50-Day SMA?

Moving averages are one of the core indicators in technical analysis. A Simple Moving Average (SMA) is simply the arithmetic average of stock price over a period. It is calculated by adding a selected range of prices, usually closing prices, and then dividing that figure by the number of time periods in that range.

The 50-Day SMA calculates the average price over 50 days. And the 20-Day SMA and 200-Day SMA calculates the average price over 20 days and 200 days separately.

As of today (2024-05-01), LMP Automotive Holdings's 50-Day SMA is $0.10. It's 20-Day SMA is $0.11 and 200-Day SMA is $0.41.


Competitive Comparison of LMP Automotive Holdings's 50-Day SMA

For the Auto & Truck Dealerships subindustry, LMP Automotive Holdings's 50-Day SMA, along with its competitors' market caps and 50-Day SMA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LMP Automotive Holdings's 50-Day SMA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LMP Automotive Holdings's 50-Day SMA distribution charts can be found below:

* The bar in red indicates where LMP Automotive Holdings's 50-Day SMA falls into.



LMP Automotive Holdings  (OTCPK:LMPX) 50-Day SMA Calculation

The formula for calculating SMA is:

SMA=( P1 + P2 + ... + Pn ) / n

where:
Pn is the price of the stock at period n.
n is the total number of periods.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LMP Automotive Holdings  (OTCPK:LMPX) 50-Day SMA Explanation

Simple Moving Average (SMA) is the arithmetic average of stock price over a period. The 20-Day SMA calculates the average price over 20 days. And the 50-Day SMA and 200-Day SMA calculates the average price over 50 days and 200 days separately. SMAs are often used to determine the price trend direction. A 200-Day SMA is usually a proxy for the long-term trend, while shorter periods indicate short-term trend.

SMA are commonly compared with stock price or different period SMAs to indicate a trading signal. Generally speaking, if the price goes above the SMA, or a short-term SMA crosses above a long-term SMA, an uptrend is expected, investors may want to go long or cover short. Conversely, if the price goes below the SMA, or the short-term SMA crosses below a long-term SMA, a downtrend is expected, investors may want to go short or exit long.

Two popular trading patterns that use SMA include the death cross and a golden cross. A death cross occurs when the 50-day SMA crosses below the 200-day SMA. This is considered a bearish signal, that further losses are in store. The golden cross is a bullish signal which occurs when a short-term SMA crosses above a long-term SMA.


LMP Automotive Holdings 50-Day SMA Related Terms

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LMP Automotive Holdings (LMP Automotive Holdings) Business Description

Traded in Other Exchanges
N/A
Address
500 East Broward Boulevard, Suite 1900, Fort Lauderdale, FL, USA, 33394
LMP Automotive Holdings Inc is an e-commerce and facilities-based retail platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles. Its business model is described as Buy, Rent or Subscribe, Sell and Repeat. The company offer sales of pre-owned automobiles, and rentals and subscriptions for both pre-owned and new automobiles.
Executives
Samer Tawfik director, 10 percent owner, officer: President and CEO C/O HERRICK FEINSTEIN LLP 2 PARK AVE NEW YORK NY 10016
Svetlana Limburger director C/O LMP AUTOMOTIVE HOLDINGS, INC. 500 EAST BROWARD BLVD., SUITE 1900 FT. LAUDERDALE FL 33394
Richard Aldahan officer: Chief Operating Officer 500 EAST BROWARD BLVD. SUITE 1900 FL 33394
William G Cohen director 117 HARBOR ROAD WESTPORT CT 06880
Robert Bellaflores officer: Chief Financial Officer 500 EAST BROWARD BLVD. SUITE 1900 FT. LAUDERDALE FL 33394
Evan Bernstein officer: Chief Financial Officer 500 EAST BROWARD BLVD. SUITE 1900 FT. LAUDERDALE FL 33394
Keith Locker director C/O GLENBOROUGH REALTY TRUST, 400 SOUTH EL CAMINO REAL, SUITE 1100, SAN MATEO CA 94402
Morris Robert J. Jr. director 4145 COLONEL VANDERHORST CIRCLE MT. PLEASANT SC 29466
Elias Nadim Nader director 2295 LEIGH AVENUE SAN JOSE CA 95124
Bryan Silverstein officer: Chief Financial Officer 601 NORTH STATE ROAD 7 PLANTATION FL 33317

LMP Automotive Holdings (LMP Automotive Holdings) Headlines

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