Funa Li Buys 15,088 Shares of Li Bang International (NASDAQ:LBGJ) Stock

Li Bang International Corporation Inc. (NASDAQ:LBGJ) Director Funa Li purchased 15,088 shares of Li Bang International stock in a transaction that occurred on Monday, August 17th. The stock was acquired at an average price of $3.40 per share, with a total value of $51,299.20. Following the transaction, the director owned 15,220 shares in the company, valued at $51,748. The trade was a 11,430.30% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Li Bang International Price Performance

NASDAQ LBGJ opened at $3.12 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.07 and a current ratio of 1.15. Li Bang International Corporation Inc. has a one year low of $2.81 and a one year high of $35,400.00. The firm’s fifty day moving average is $141.50 and its two-hundred day moving average is $2,642.29.

Wall Street Analysts Forecast Growth

LBGJ has been the subject of a number of recent research reports. Weiss Ratings raised Li Bang International from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 3rd. Wall Street Zen raised Li Bang International to a “sell” rating in a report on Saturday, April 25th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Li Bang International Company Profile

Li Bang International Corporation Inc specializes in the research, development, production and sale of stainless steel commercial kitchen equipment under its own `Li Bang` brand principally in China. In addition to its product offerings, the Company provides comprehensive services from early-stage design of commercial kitchen appliances to equipment installation and after-sales maintenance. Li Bang International Corporation Inc is based in Jiangyin, China.