Li Bang International (NASDAQ:LBGJ) CEO Feng Huang Purchases 73,147 Shares of Stock

Li Bang International Corporation Inc. (NASDAQ:LBGJ) CEO Feng Huang purchased 73,147 shares of Li Bang International stock in a transaction that occurred on Monday, August 17th. The shares were bought at an average price of $3.40 per share, with a total value of $248,699.80. Following the completion of the transaction, the chief executive officer owned 73,788 shares of the company’s stock, valued at $250,879.20. This represents a 11,411.39% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Li Bang International Stock Performance

Li Bang International stock opened at $3.15 on Thursday. 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 12 month low of $2.81 and a 12 month high of $35,400.00. The stock’s 50 day simple moving average is $145.88 and its two-hundred day simple moving average is $2,759.56.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Weiss Ratings raised shares of Li Bang International from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, August 3rd. Wall Street Zen upgraded shares of Li Bang International to a “sell” rating in a research report on Saturday, April 25th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently 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.