Li Bang International (NASDAQ:LBGJ) Issues Earnings Results

Li Bang International (NASDAQ:LBGJ) released its quarterly earnings results on Wednesday. The company reported ($1.28) earnings per share for the quarter, FiscalAI reports. The business had revenue of $3.14 million for the quarter.

Li Bang International Trading Down 0.7%

Li Bang International stock traded down $0.01 during mid-day trading on Friday, hitting $0.98. The stock had a trading volume of 142,081 shares, compared to its average volume of 470,711. Li Bang International has a one year low of $0.75 and a one year high of $200.00. The firm’s 50 day moving average is $2.78 and its 200 day moving average is $46.22.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on LBGJ. Wall Street Zen raised Li Bang International to a “sell” rating in a report on Saturday, April 25th. Weiss Ratings restated a “sell (e+)” rating on shares of Li Bang International in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Li Bang International 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.