Li Ning (OTCMKTS:LNNGY) Shares Gap Up – Still a Buy?

Posted by Defense World Staff on Mar 22nd, 2026

Li Ning Co. (OTCMKTS:LNNGY – Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $64.76, but opened at $68.6950. Li Ning shares last traded at $68.58, with a volume of 71 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Li Ning from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 17th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

View Our Latest Report on LNNGY

Li Ning Stock Up 5.1%

The company’s 50 day moving average price is $66.90 and its 200 day moving average price is $60.68.

About Li Ning

(Get Free Report)

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.