Leishen Energy (NASDAQ:LSE) Stock Price Up 0.2% - Here's What Happened

Key Points

• Leishen Energy's stock saw a slight increase of 0.2%, closing at $5.30 after trading as high as $5.30 during the session.
• The trading volume surged to 34,976 shares, marking an increase of 517% compared to the average session volume.
• Weiss Ratings has maintained a "sell (d-)" rating on Leishen Energy, aligning with the overall average rating of "Sell" from investment analysts.

Leishen Energy Holding Co., Ltd. (NASDAQ:LSE - Get Free Report) traded up 0.2% on Wednesday . The company traded as high as $5.30 and last traded at $5.30. 34,976 shares traded hands during trading, an increase of 517% from the average session volume of 5,669 shares. The stock had previously closed at $5.29.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Leishen Energy in a research note on Wednesday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of "Sell".

Leishen Energy Trading Up 0.2%

The business's fifty day moving average price is $5.37 and its 200-day moving average price is $5.44.

Leishen Energy Company Profile

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.

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