Lianhe Sowell International Group (NASDAQ:LHSW) Stock Price Down 7.1% – What’s Next?

Lianhe Sowell International Group Ltd (NASDAQ:LHSW)’s stock price was down 7.1% during trading on Friday . The stock traded as low as $2.00 and last traded at $2.08. Approximately 163,364 shares changed hands during trading, an increase of 366% from the average daily volume of 35,055 shares. The stock had previously closed at $2.24.

Lianhe Sowell International Group Stock Down 7.1%

The stock has a 50 day moving average of $2.42.

Institutional Investors Weigh In On Lianhe Sowell International Group

A hedge fund recently bought a new stake in Lianhe Sowell International Group stock. Marex Group plc acquired a new position in shares of Lianhe Sowell International Group Ltd (NASDAQ:LHSW) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 33,815 shares of the company’s stock, valued at approximately $57,000. Marex Group plc owned approximately 0.07% of Lianhe Sowell International Group at the end of the most recent quarter.

About Lianhe Sowell International Group

Lianhe Sowell International Group Ltd. is a holding company, which engages in trading of electronic products and software development. Its products include Intelligent traffic, low voltage Intelligent Integration, Industrial Intelligence, Industrial machine vision, and precision visual Al painting robot.