Estimating Price Trends For Li Bang International Corp Inc (NASDAQ: LBGJ)

Li Bang International Corp Inc (NASDAQ:LBGJ) does about 158.58K shares in volume on a normal day but saw 917788 shares change hands in the recent trading day. The company now has a market cap of 77.78M USD. Its current market price is $4.20, marking an increase of 2.19% compared to the previous close of $4.11. The 52 week high reached by this stock is $5.50 whilst the lowest price level in 52 weeks is $3.03.

Li Bang International Corp Inc (LBGJ) has a 20-day trading average at $3.64 and the current price is -23.64% off the 52-week high compared with 38.61% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 15.91%, which decreases to 13.01% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 58.77 to suggest the stock is neutral.

The current price level is 15.33%, 9.31%, and 9.31% away from its SMA20, SMA50, and SMA200 respectively, with the LBGJ price moving below the 50-day SMA on current market day. Li Bang International Corp Inc (LBGJ) stock is up 26.89% over the week and 5.53% over the past month. Its price is 2.44% year-to-date.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 18.52M with insiders holding 82.33% of the shares and institutional holders owning 0.00% of the company’s common stock. The company has a return on investment of -16.88% and return on equity of -27.62%. Price to book ratio is 18.01 and price to sales ratio is 7.21.