Li Bang International (NASDAQ:LBGJ) Shares Down 1.6% – What’s Next?

Li Bang International Corporation Inc. (NASDAQ:LBGJ) shares were down 1.6% during trading on Tuesday . The stock traded as low as $1.10 and last traded at $1.22. Approximately 253,660 shares traded hands during trading, an increase of 141% from the average daily volume of 105,093 shares. The stock had previously closed at $1.24.

Wall Street Analyst Weigh In

Several brokerages have commented on LBGJ. Weiss Ratings reissued a “sell (e+)” rating on shares of Li Bang International in a research report on Tuesday, April 21st. Wall Street Zen raised 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 MarketBeat, the stock currently has an average rating of “Sell”.

Li Bang International Stock Down 1.6%

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 firm’s fifty day moving average is $1.01 and its 200 day moving average is $37.86.

Li Bang International (NASDAQ:LBGJ) last announced its earnings results on Wednesday, May 13th. The company reported ($1.28) EPS for the quarter. The company 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.