Li Ning Company Limited (OTCMKTS:LNNGY – Get Free Report)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $52.79 and traded as low as $48.60. Li Ning shares last traded at $50.86, with a volume of 10,027 shares changing hands.
Li Ning Stock Performance
The firm’s 50-day simple moving average is $52.79 and its 200 day simple moving average is $50.81.
Li Ning Company Profile
Li Ning Company Limited, a sports brand company, engages in the research and development, design, manufacture, marketing, distribution, and retail of sporting goods in the People’s Republic of China. The company offers sporting goods, including professional and leisure footwear, apparel, equipment, and accessories under the LI-NING brand.
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