Weiss Ratings Reaffirms "Sell (D-)" Rating for Leishen Energy (NASDAQ:LSE)

Key Points

• Weiss Ratings has reaffirmed a "sell (D-)" rating for Leishen Energy, indicating a negative outlook on the company's stock performance.
• Leishen Energy's stock opened at $5.30 on Wednesday, with a 12-month trading range between $3.76 and $14.99.
• The company, a holding entity incorporated in the Cayman Islands, primarily conducts its operations through its subsidiaries based in Beijing, China.

Leishen Energy (NASDAQ:LSE - Get Free Report)'s stock had its "sell (d-)" rating reiterated by stock analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Leishen Energy Price Performance

Shares of NASDAQ:LSE opened at $5.30 on Wednesday. The business's 50 day simple moving average is $5.37 and its 200-day simple moving average is $5.44. Leishen Energy has a 12 month low of $3.76 and a 12 month high of $14.99.

About Leishen Energy

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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