Spotting A Winner: Lakeside Holding Ltd (NASDAQ: LSH) Advances 13.01 And It Still Have Room To Run

Lakeside Holding Ltd (NASDAQ:LSH) currently has a daily average trading volume of 40.76K but it saw 237115 shares traded in last market. With a market cap of 24.75M USD, the company’s current market price of $3.30 came rising about 13.01 while comparing to the previous closing price of $2.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.37 and as low as $2.10. In the recent trading on the day, stock has struck highest price mark of $2.83 while lowest mark touched by it was $3.35.

Taking a look at 20-day trading activity of Lakeside Holding Ltd (LSH) gives us an average price of $2.61, while its current price level is -38.55% below from 52-week high level whereas it is 57.14% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.60. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.47% during that period while stretching the period over a month that decreases to 12.38%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 68.81 which implies that the stock is in neutral territory.

Over the week, LSH’s stock price is moving 32.00% up while it is 30.22% when we observe its performance for the past one month. Year-to-date it is 32.00% up and over the past year.

Currently, Lakeside Holding Ltd’s total number of outstanding shares is 7.50M. Company’s return on investment (ROI) stands at -19.68% and return on equity (ROE) at -60.13%. Stock has a price to book (P/B) ratio of 6.84 while price to sale or P/S ratio amounts to 1.36. Its return on asset (ROA) is -14.22% on average.