Shares of Lakeside Holding Limited (NASDAQ:LSH – Get Free Report) shot up 15.2% on Wednesday. The stock traded as high as $0.6546 and last traded at $0.6453. 1,323,464 shares traded hands during mid-day trading, an increase of 849% from the average daily volume of 139,523 shares. The stock had previously closed at $0.5601.
Lakeside Trading Down 6.0%
The company has a market capitalization of $19.59 million, a price-to-earnings ratio of -2.11 and a beta of 1.76. The company’s 50 day simple moving average is $0.48 and its 200-day simple moving average is $0.53.
Lakeside Company Profile
Lakeside Holding Limited (NASDAQ: LSH) is a logistics and freight-forwarding company that provides transportation and supply-chain services for businesses engaged in international commerce. The company operates as a non-asset-based logistics provider, coordinating shipments and related services rather than primarily relying on a company-owned transportation fleet.
Its services include ocean and air freight forwarding, customs clearance, warehousing, trucking, and other logistics and supply-chain support.
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