Leishen Energy (NASDAQ:LSE) Releases Earnings Results

Leishen Energy (NASDAQ:LSE) issued its quarterly earnings data on Monday. The company reported ($0.06) EPS for the quarter, FiscalAI reports. The business had revenue of $10.49 million for the quarter.

Leishen Energy Stock Down 2.7%

NASDAQ LSE opened at $5.43 on Wednesday. Leishen Energy has a 52 week low of $3.20 and a 52 week high of $6.98. The company has a fifty day moving average of $4.97 and a two-hundred day moving average of $4.78.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Leishen Energy from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, September 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Leishen Energy Company Profile

Leishen Energy is an energy equipment company based in China. The company focuses on the research, development, manufacturing and sale of equipment used in oil and natural gas exploration, drilling, production and related field operations.

Its product offerings include oilfield and well-control equipment, drilling and production systems, and other equipment used by energy companies and oilfield-service providers. Leishen Energy also provides related technical and engineering services intended to support the deployment and operation of its equipment.

The company serves customers primarily in China and may support energy projects in other markets through its equipment and services.