Shares of Li Ning Company Limited (OTCMKTS:LNNGY – Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $65.30 and traded as low as $54.09. Li Ning shares last traded at $54.29, with a volume of 20,725 shares trading hands.
Li Ning Stock Performance
The business’s 50-day moving average price is $65.30 and its 200-day moving average price is $62.78.
Li Ning Cuts Dividend
The firm also recently announced a dividend, which will be paid on Monday, July 15th. Stockholders of record on Tuesday, June 18th will be given a dividend of $0.5702 per share. The ex-dividend date is Tuesday, June 18th.
About Li Ning
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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