Lakeside (NASDAQ:LSH) Issues Earnings Results

Lakeside (NASDAQ:LSH) announced its quarterly earnings data on Wednesday. The company reported ($0.09) EPS for the quarter, Zacks reports. Lakeside had a negative net margin of 29.49% and a negative return on equity of 236.84%.

Lakeside Stock Down 5.0%

Shares of LSH traded down $0.05 during trading hours on Wednesday, hitting $0.94. The company had a trading volume of 6,085 shares, compared to its average volume of 117,673. The stock has a market capitalization of $16.38 million, a price-to-earnings ratio of -1.36 and a beta of 2.88. The firm has a fifty day moving average price of $1.22 and a 200-day moving average price of $1.03. Lakeside has a 52-week low of $0.78 and a 52-week high of $3.80. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.05 and a current ratio of 1.06.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Lakeside in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Lakeside presently has a consensus rating of “Sell”.

About Lakeside

Lakeside Holding Limited, through its subsidiaries, provides integrated cross-border supply chain solution in the United States, China, South Korea, and internationally. It offers a range of integrated services under cross-border ocean freight solutions and cross-border airfreight solutions, including cross-border freight consolidation and forwarding services, customs clearance services, warehousing and distribution services, and U.S.