Lianhe Sowell International Group (NASDAQ:LHSW) Trading 10.3% Higher – Still a Buy?

Shares of Lianhe Sowell International Group Ltd (NASDAQ:LHSWGet Free Report) were up 10.3% during trading on Tuesday . The stock traded as high as $3.09 and last traded at $2.89. 150,174 shares were traded during mid-day trading, an increase of 25% from the average daily volume of 120,354 shares. The stock had previously closed at $2.62.

Wall Street Analyst Weigh In

Several brokerages recently commented on LHSW. Wall Street Zen raised shares of Lianhe Sowell International Group to a “hold” rating in a research report on Saturday, July 25th. Weiss Ratings reiterated a “sell (d)” rating on shares of Lianhe Sowell International Group in a report on Friday, August 14th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Lianhe Sowell International Group presently has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on LHSW

Lianhe Sowell International Group Stock Down 12.8%

The firm has a 50-day moving average price of $2.58 and a 200 day moving average price of $3.26. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.07 and a quick ratio of 1.04.

Lianhe Sowell International Group (NASDAQ:LHSWGet Free Report) last issued its earnings results on Thursday, August 13th. The company reported ($0.79) earnings per share for the quarter. The business had revenue of $8.37 million for the quarter.

Institutional Investors Weigh In On Lianhe Sowell International Group

A hedge fund recently bought a new stake in Lianhe Sowell International Group stock. Marex Group plc bought a new stake in Lianhe Sowell International Group Ltd (NASDAQ:LHSWFree Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 33,815 shares of the company’s stock, valued at approximately $57,000. Marex Group plc owned 0.07% of Lianhe Sowell International Group as of its most recent SEC filing.

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.

Further Reading

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