Lianhe Sowell International Group Ltd (NASDAQ:LHSW – Get Free Report) was the recipient of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 25,697 shares, a drop of 91.9% from the October 15th total of 315,482 shares. Based on an average trading volume of 499,869 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are sold short.
Analyst Upgrades and Downgrades
LHSW has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of Lianhe Sowell International Group in a research note on Friday, August 14th. Wall Street Zen cut Lianhe Sowell International Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has an average rating of “Sell”.
Check Out Our Latest Stock Analysis on LHSW
Lianhe Sowell International Group Trading Up 5.7%
Shares of Lianhe Sowell International Group stock traded up $0.20 during mid-day trading on Wednesday, hitting $3.62. 1,136 shares of the stock were exchanged, compared to its average volume of 434,074. Lianhe Sowell International Group has a 12 month low of $3.05 and a 12 month high of $247.04. The company has a 50-day simple moving average of $6.86 and a 200 day simple moving average of $23.12. 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:LHSW – Get Free Report) last announced its earnings results on Thursday, August 13th. The company reported ($6.32) earnings per share for the quarter. The firm had revenue of $8.37 million during the quarter.
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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