Li Ning (OTCMKTS:LNNGY) Coverage Initiated at Sanford C. Bernstein

Investment analysts at Sanford C. Bernstein began coverage on shares of Li Ning (OTCMKTS:LNNGY – Get Rating) in a report released on Thursday, The Fly reports. The firm set an “outperform” rating on the stock.

Li Ning Stock Performance

LNNGY stock opened at $203.57 on Thursday. Li Ning has a 12-month low of $129.01 and a 12-month high of $259.00. The company’s fifty day simple moving average is $229.48 and its 200 day simple moving average is $205.31.

About Li Ning

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Li Ning Co, Ltd. engages in the provision of sporting goods. The company focuses on the research and development, design, manufacture, distribution, and retail of products including footwear, apparel, equipment, and accessories for professional and leisure purposes. It operates through the LI-NING Brand and All Other Brands segments.