Lianhe Sowell International Group Ltd's Quiet Period To Expire on May 13th (NASDAQ:LHSW)

Lianhe Sowell International Group's (NASDAQ:LHSW - Get Free Report) quiet period will expire on Tuesday, May 13th. Lianhe Sowell International Group had issued 2,000,000 shares in its public offering on April 3rd. The total size of the offering was $8,000,000 based on an initial share price of $4.00. During Lianhe Sowell International Group's quiet period, insiders and underwriters involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Lianhe Sowell International Group Trading Down 3.2%

LHSW traded down $0.10 during mid-day trading on Friday, reaching $3.00. 1,356,871 shares of the company traded hands, compared to its average volume of 617,847. Lianhe Sowell International Group has a 52-week low of $2.02 and a 52-week high of $8.18.

Lianhe Sowell International Group Company Profile

We are a provider of machine vision products and solutions in China, and our products improve efficiency and quality for customers in a wide range of businesses across industries. We invent and integrate technologies and solutions that address some of the most critical manufacturing and distribution challenges, such as precision and accuracy required in manufacturing of electronic products.