Li Bang International Corporation Inc. (NASDAQ:LBGJ – Get Free Report) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 92,760 shares, a decline of 35.3% from the June 15th total of 143,285 shares. Based on an average trading volume of 94,485 shares, the short-interest ratio is currently 1.0 days. Currently, 7.5% of the shares of the stock are sold short.
Li Bang International Trading Up 9.4%
NASDAQ:LBGJ traded up $0.20 on Friday, hitting $2.40. 625,375 shares of the stock were exchanged, compared to its average volume of 426,634. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.07 and a current ratio of 1.15. Li Bang International has a 52 week low of $0.75 and a 52 week high of $177.00. The company’s 50-day moving average price is $1.14 and its 200 day moving average price is $25.64.
Li Bang International (NASDAQ:LBGJ – Get Free Report) last issued its quarterly earnings results on Wednesday, May 13th. The company reported ($1.28) EPS for the quarter. The firm had revenue of $3.14 million for the quarter.
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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.
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