Li Ning (OTCMKTS:LNNGY) Shares Cross Below Fifty Day Moving Average of $130.85

Li Ning Company Limited (OTCMKTS:LNNGYGet Free Report)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $130.85 and traded as low as $120.83. Li Ning shares last traded at $121.35, with a volume of 4,884 shares trading hands.

Li Ning Stock Performance

The stock has a 50 day simple moving average of $130.48 and a 200-day simple moving average of $160.36.

Li Ning Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, September 21st. Shareholders of record on Thursday, August 24th will be paid a dividend of $1.2149 per share. The ex-dividend date is Wednesday, August 23rd.

About Li Ning

(Get Free Report)

Li Ning Company Limited 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 footwear, apparel, equipment, and accessories for professional and leisure purposes primarily under the LI-NING brand.

Further Reading

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