Key Points
- CEO Feng Huang purchased 73,147 shares of Li Bang International at an average price of $3.40, spending approximately $248,700. The transaction increased his ownership by 11,411.39% to 73,788 shares.
- Li Bang International shares opened at $3.15, with a 12-month range of $2.81 to $35,400. The company reported a current ratio of 1.15 and a debt-to-equity ratio of 0.09.
- Analyst sentiment remains negative: MarketBeat reports a consensus rating of “Sell”, with one analyst covering the stock.
Li Bang International Corporation Inc. (NASDAQ:LBGJ - Get Free Report) Director Funa Li bought 15,088 shares of the business's stock in a transaction on Monday, August 17th. The stock was bought at an average price of $3.40 per share, with a total value of $51,299.20. Following the purchase, the director owned 15,220 shares in the company, valued at $51,748. This trade represents a 11,430.30% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Li Bang International Trading Down 9.0%
LBGJ stock opened at $3.15 on Thursday. The stock has a 50-day simple moving average of $145.88 and a two-hundred day simple moving average of $2,759.56. Li Bang International Corporation Inc. has a twelve month low of $2.81 and a twelve month high of $35,400.00. The company has a quick ratio of 1.07, a current ratio of 1.15 and a debt-to-equity ratio of 0.09.
Analysts Set New Price Targets
Several equities analysts recently commented on the stock. Weiss Ratings raised shares of Li Bang International from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Monday, August 3rd. Wall Street Zen upgraded shares of Li Bang International to a "sell" rating in a research note on Saturday, April 25th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of "Sell".
View Our Latest Analysis on Li Bang International
Li Bang International Company Profile
(
Get Free Report)
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.
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