Lianhe Sowell International Group Ltd (NASDAQ:LHSW – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 315,482 shares, a decline of 48.3% from the September 30th total of 610,479 shares. Currently, 11.0% of the shares of the company are sold short. Based on an average trading volume of 3,001,318 shares, the short-interest ratio is currently 0.1 days.
Lianhe Sowell International Group Stock Up 0.7%
Shares of LHSW stock traded up $0.03 on Monday, hitting $4.36. 22,335 shares of the stock were exchanged, compared to its average volume of 481,020. The company has a quick ratio of 1.04, a current ratio of 1.07 and a debt-to-equity ratio of 0.05. Lianhe Sowell International Group has a one year low of $3.05 and a one year high of $262.40. The firm’s 50 day moving average is $9.97 and its two-hundred day moving average is $25.92.
Lianhe Sowell International Group (NASDAQ:LHSW – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($6.32) earnings per share (EPS) for the quarter. The company had revenue of $8.37 million during the quarter.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of Lianhe Sowell International Group in a research report on Friday, August 14th. Wall Street Zen cut shares of Lianhe Sowell International Group from a “hold” rating to a “sell” rating in a report on Saturday, August 22nd. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has a consensus rating of “Sell”.
Lianhe Sowell International Group Company Profile
Lianhe Sowell International Group Limited (NASDAQ: LHSW) is an industrial automation company focused on providing equipment and solutions for manufacturers. Its business centers on the design, development and production of automated machinery and related systems intended to improve manufacturing efficiency and production processes.
The company provides customized automation solutions that may include automated production-line equipment, robotic systems, assembly and testing machinery, and related integration services.
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