Lakeside (NASDAQ:LSH) Announces Earnings Results

Lakeside (NASDAQ:LSH) posted its quarterly earnings data on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, Zacks reports. Lakeside had a negative return on equity of 172.78% and a negative net margin of 26.59%.

Lakeside Trading Up 10.1%

Lakeside stock traded up $0.06 during midday trading on Thursday, reaching $0.63. The stock had a trading volume of 33,850 shares, compared to its average volume of 44,167. The firm has a market cap of $10.94 million, a price-to-earnings ratio of -1.05 and a beta of 2.91. Lakeside has a twelve month low of $0.52 and a twelve month high of $1.95. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.52 and a quick ratio of 1.51. The firm’s fifty day simple moving average is $0.83 and its two-hundred day simple moving average is $0.99.

Institutional Trading of Lakeside

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

About Lakeside

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.