Li Ning Co. (OTCMKTS:LNNGY – Get Free Report)’s stock price reached a new 52-week high on Friday . The company traded as high as $66.4250 and last traded at $66.4250, with a volume of 121 shares trading hands. The stock had previously closed at $62.58.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Li Ning from a “strong sell” rating to a “hold” rating in a report on Monday, October 27th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.
Read Our Latest Research Report on LNNGY
Li Ning Stock Up 4.7%
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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