Li Bang International (NASDAQ:LBGJ) Director Funa Li Acquires 15,088 Shares

Li Bang International Corporation Inc. (NASDAQ:LBGJ) Director Funa Li acquired 15,088 shares of the stock in a transaction on Monday, August 17th. The stock was bought at an average cost of $3.40 per share, for a total transaction of $51,299.20. Following the transaction, the director owned 15,220 shares of the company’s stock, valued at approximately $51,748. This trade represents a 11,430.30% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Li Bang International Price Performance

Li Bang International stock opened at $3.15 on Thursday. Li Bang International Corporation Inc. has a twelve month low of $2.81 and a twelve month high of $35,400.00. The firm has a 50 day moving average price of $145.88 and a 200-day moving average price of $2,759.56. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.15 and a quick ratio of 1.07.

Wall Street Analyst Weigh In

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 research report on Saturday, April 25th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company 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.