Lakeside (NASDAQ:LSH) Announces Quarterly Earnings Results

Lakeside (NASDAQ:LSH) announced its quarterly earnings results on Tuesday. The company reported $0.01 earnings per share for the quarter, FiscalAI reports. Lakeside had a negative return on equity of 86.32% and a negative net margin of 21.12%.

Lakeside Stock Up 11.5%

Shares of NASDAQ:LSH traded up $0.06 on Tuesday, reaching $0.59. The company had a trading volume of 37,422 shares, compared to its average volume of 46,230. Lakeside has a twelve month low of $0.52 and a twelve month high of $1.68. The stock has a 50-day moving average price of $0.73 and a 200 day moving average price of $0.81. The stock has a market capitalization of $10.26 million, a P/E ratio of -1.40 and a beta of 1.25. The company has a quick ratio of 2.02, a current ratio of 2.03 and a debt-to-equity ratio of 0.02.

Institutional Trading of Lakeside

An institutional investor recently bought a new position in Lakeside stock. DRW Securities LLC bought a new position in shares of Lakeside Holding Limited (NASDAQ:LSH) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 38,608 shares of the company’s stock, valued at approximately $34,000. DRW Securities LLC owned about 0.22% of Lakeside at the end of the most recent reporting period.

Lakeside Company Profile

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. domestic ground transportation services. The company customers include logistics service companies serving e-commerce platforms, social commerce platforms, and manufacturers to sell and transport consumer and industrial goods.