Luda Technology Wins RMB 160 Million Tender for China Yulong Island Petrochemical Project
TipRanks (Wed, 15-Apr 9:55 AM ET)
Business Wire (Mon, 13-Apr 12:39 PM ET)
Luda Technology Group Ltd is a company that is principally engaged in the manufacture and sale of stainless steel and carbon steel flanges and fittings products and trading of steel pipes, valves, and other steel tubing products. The company has two operating segments: Hong Kong Trading; and PRC Manufacturing. It generates the majority of its revenue from the PRC Manufacturing segment. Geographically it generates the majority of its revenue from the People's Republic of China (PRC).
Luda Technology Group trades on the AMEX stock market under the symbol LUD.
As of April 17, 2026, LUD stock price climbed to $4.74 with 45,090 million shares trading.
LUD has a beta of 0.63, meaning it tends to be less sensitive to market movements. LUD has a correlation of 0.00 to the broad based SPY ETF.
LUD has a market cap of $107.55 million. This is considered a Micro Cap stock.
LUD has underperformed the market in the last year with a price return of +13.9% while the SPY ETF gained +36.3%. LUD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -40.7% and +6.5%, respectively, while the SPY returned +2.9% and +8.3%, respectively.
LUD support price is $3.64 and resistance is $5.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LUD shares will trade within this expected range on the day.
