Lakeside (NASDAQ:LSH) Posts Earnings Results

Lakeside (NASDAQ:LSH) announced its earnings results on Tuesday. The company reported $0.01 earnings per share for the quarter, FiscalAI reports. Lakeside had a negative return on equity of 86.32% and a negative net margin of 21.12%.

Lakeside Price Performance

Shares of NASDAQ:LSH opened at $0.59 on Wednesday. The business has a 50 day moving average price of $0.73 and a 200 day moving average price of $0.81. The company has a quick ratio of 2.02, a current ratio of 2.03 and a debt-to-equity ratio of 0.02. Lakeside has a twelve month low of $0.52 and a twelve month high of $1.68. The company has a market cap of $10.26 million, a price-to-earnings ratio of -1.40 and a beta of 1.25.

Institutional Trading of Lakeside

An institutional investor recently bought a new position in Lakeside stock. DRW Securities LLC bought a new position in Lakeside Holding Limited (NASDAQ:LSH) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 38,608 shares of the company’s stock, valued at approximately $34,000. DRW Securities LLC owned approximately 0.22% of Lakeside at the end of the most recent quarter.

Lakeside Company Profile

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.