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Leishen Energy (NASDAQ:LSE) Trading Down 0.6% - Here's Why

Leishen Energy logo with Manufacturing background

Key Points

  • Leishen Energy's stock price decreased by 0.6%, trading as low as $5.26 before settling at $5.39 on Wednesday.
  • The trading volume was significantly lower, with only 1,561 shares changing hands, down 88% from the average daily volume of 12,954 shares.
  • The company's stock has a 50-day moving average of $5.67 and a 200-day moving average of $5.64, indicating a potential trend in its price performance.
  • MarketBeat previews top five stocks to own in October.

Leishen Energy Holding Co., Ltd. (NASDAQ:LSE - Get Free Report) shares dropped 0.6% during mid-day trading on Wednesday . The company traded as low as $5.26 and last traded at $5.39. Approximately 1,561 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 12,954 shares. The stock had previously closed at $5.42.

Leishen Energy Stock Up 1.1%

The business has a 50 day simple moving average of $5.65 and a 200-day simple moving average of $5.57.

About Leishen Energy

(Get Free Report)

Leishen Cayman is a holding company incorporated in the Cayman Islands. As a holding company with no material operations of its own, Leishen Cayman conducts substantially all of the operations through its Operating Subsidiaries. Our primary office is located in Beijing, China, from which we serve a large customer base throughout the PRC.

Further Reading

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