Lianhe Sowell International Group (NASDAQ:LHSW) Issues Quarterly Earnings Results

by · The Cerbat Gem

Lianhe Sowell International Group (NASDAQ:LHSW – Get Free Report) announced its quarterly earnings data on Thursday. The company reported ($0.79) EPS for the quarter, FiscalAI reports. The business had revenue of $8.37 million during the quarter.

Lianhe Sowell International Group Stock Performance

NASDAQ LHSW traded up $0.06 on Friday, reaching $2.94. The company’s stock had a trading volume of 35,523 shares, compared to its average volume of 983,501. The business has a 50-day moving average price of $2.55 and a 200 day moving average price of $3.50. Lianhe Sowell International Group has a 52 week low of $1.12 and a 52 week high of $47.52.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Wall Street Zen upgraded Lianhe Sowell International Group to a “hold” rating in a research report on Saturday, July 25th. Weiss Ratings raised Lianhe Sowell International Group from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Read Our Latest Stock Report on LHSW

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Lianhe Sowell International Group stock. Marex Group plc acquired a new stake in shares of Lianhe Sowell International Group Ltd (NASDAQ:LHSW – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 33,815 shares of the company’s stock, valued at approximately $57,000. Marex Group plc owned approximately 0.07% of Lianhe Sowell International Group at the end of the most recent quarter.

About Lianhe Sowell International Group

(Get Free Report)

Lianhe Sowell International Group Ltd. is a holding company, which engages in trading of electronic products and software development. Its products include Intelligent traffic, low voltage Intelligent Integration, Industrial Intelligence, Industrial machine vision, and precision visual Al painting robot. The company was founded by Yue Zhu on April 6, 2007 and is headquartered in Shenzhen, China.

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