Li Bang International (NASDAQ:LBGJ) Stock Price Up 1.3% – What’s Next?

Shares of Li Bang International Corporation Inc. (NASDAQ:LBGJ) rose 1.3% on Monday . The stock traded as high as $0.9910 and last traded at $0.9757. Approximately 43,196 shares changed hands during trading, a decline of 90% from the average daily volume of 436,381 shares. The stock had previously closed at $0.9636.

Wall Street Analysts Forecast Growth

LBGJ has been the topic of several recent analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Li Bang International in a report on Tuesday, April 21st. Wall Street Zen upgraded 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, Based on data from MarketBeat, Li Bang International has a consensus rating of “Sell”.

Li Bang International Trading Down 0.5%

The company has a debt-to-equity ratio of 0.09, a current ratio of 1.15 and a quick ratio of 1.07. The firm’s 50 day simple moving average is $2.07 and its 200-day simple moving average is $44.43.

Li Bang International (NASDAQ:LBGJ) last issued its quarterly earnings results on Wednesday, May 13th. The company reported ($1.28) earnings per share (EPS) for the quarter. The business had revenue of $3.14 million for the quarter.

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.