Lianhe Sowell International Group (NASDAQ:LHSW) Stock Price Up 10.3% – What’s Next?

Lianhe Sowell International Group Ltd (NASDAQ:LHSW)’s stock price was up 10.3% during mid-day trading on Tuesday . The company traded as high as $3.09 and last traded at $2.89. Approximately 150,174 shares changed hands during mid-day trading, an increase of 25% from the average session volume of 120,354 shares. The stock had previously closed at $2.62.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Lianhe Sowell International Group in a research note on Friday. Wall Street Zen raised Lianhe Sowell International Group to a “hold” rating in a report on Saturday, July 25th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Lianhe Sowell International Group has a consensus rating of “Sell”.

Lianhe Sowell International Group Price Performance

The business has a fifty day simple moving average of $2.58 and a 200 day simple moving average of $3.31. 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) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.79) earnings per share for the quarter. The firm had revenue of $8.37 million for the quarter.

Hedge Funds Weigh In On Lianhe Sowell International Group

A hedge fund recently bought a new position in Lianhe Sowell International Group stock. Citadel Advisors LLC purchased a new stake in Lianhe Sowell International Group Ltd (NASDAQ:LHSW) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 20,224 shares of the company’s stock, valued at approximately $42,000.

About Lianhe Sowell International Group

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.