Li Ning Co. (OTCMKTS:LNNGY – Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $63.03, but opened at $60.49. Li Ning shares last traded at $62.9340, with a volume of 163 shares changing hands.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of Li Ning from a “strong sell” rating to a “hold” rating in a research report on Monday, October 27th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Li Ning has a consensus rating of “Hold”.
View Our Latest Stock Analysis on Li Ning
Li Ning Stock Performance
Li Ning Company Profile
Li Ning Company Limited is a leading Chinese sportswear company engaged in the design, development, manufacturing and sale of athletic and lifestyle products. The company’s portfolio includes performance footwear, apparel and accessories tailored for running, basketball, training and other fitness activities. Li Ning distributes its products through an extensive network of concept stores, franchise outlets and e-commerce platforms across China and growing markets overseas.
Founded in 1990 by Li Ning, a decorated Olympic gymnast, the company quickly gained prominence in domestic and international markets.
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