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

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

Li Bang International Stock Down 1.0%

Shares of Li Bang International stock 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. The stock’s 50-day simple moving average is $141.50 and its 200-day simple moving average is $2,642.29. Li Bang International Corporation Inc. has a 52 week low of $2.81 and a 52 week high of $35,400.00.

Wall Street Analyst Weigh In

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

About Li Bang International

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.