Lakeside (NASDAQ:LSH) Stock Falls 10.1% – Here’s What Happened

Lakeside Holding Limited (NASDAQ:LSH – Get Free Report)’s share price dropped 10.1% during trading on Thursday. The stock traded as low as $0.39 and last traded at $0.3903. 172,792 shares were traded during mid-day trading, an increase of 24% from the average session volume of 139,523 shares. The stock had previously closed at $0.4340.

Lakeside Stock Performance

The firm has a market capitalization of $12.83 million, a price-to-earnings ratio of -1.38 and a beta of 1.76. The company has a fifty day moving average of $0.49 and a two-hundred day moving average of $0.58.

About Lakeside

(Get Free Report)

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.

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