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

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

Lianhe Sowell International Group Trading Up 2.1%

Lianhe Sowell International Group stock traded up $0.06 during mid-day trading on Friday, hitting $2.94. The company had a trading volume of 35,718 shares, compared to its average volume of 123,160. Lianhe Sowell International Group has a 12-month low of $1.12 and a 12-month high of $47.52. The company’s fifty day moving average is $2.57 and its 200-day moving average is $3.50.

Analyst Ratings Changes

Several brokerages have commented on LHSW. Weiss Ratings upgraded shares of Lianhe Sowell International Group from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, May 1st. Wall Street Zen raised shares of Lianhe Sowell International Group to a “hold” rating in a report on Saturday, July 25th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Lianhe Sowell International Group presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Lianhe Sowell International Group

An institutional investor recently bought a new position in Lianhe Sowell International Group stock. Citadel Advisors LLC bought a new position in shares of Lianhe Sowell International Group Ltd (NASDAQ:LHSW) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 20,224 shares of the company’s stock, valued at approximately $42,000.

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.