Lianhe Sowell International Group (NASDAQ:LHSW) Releases Earnings Results

Lianhe Sowell International Group (NASDAQ:LHSW) released its earnings results on Thursday. The company reported ($0.79) EPS for the quarter, FiscalAI reports. The business had revenue of $8.37 million for the quarter.

Lianhe Sowell International Group Trading Up 2.1%

Shares of LHSW stock traded up $0.06 on Friday, reaching $2.94. 35,524 shares of the stock were exchanged, compared to its average volume of 983,506. The firm has a 50 day moving average of $2.55 and a two-hundred day moving average of $3.50. Lianhe Sowell International Group has a 1-year low of $1.12 and a 1-year high of $47.52.

Hedge Funds Weigh In On Lianhe Sowell International Group

An institutional investor recently bought a new stake in Lianhe Sowell International Group stock. Marex Group plc purchased a new stake in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 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.

Wall Street Analysts Forecast Growth

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

Lianhe Sowell International Group Company Profile

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.