Li Ning Company Limited (OTCMKTS:LNNGY – Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $53.45 and traded as high as $59.00. Li Ning shares last traded at $57.24, with a volume of 6,316 shares changing hands.
Li Ning Trading Down 5.1 %
The firm’s 50-day moving average price is $53.45 and its 200-day moving average price is $52.56.
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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