Shares of Li Ning Company Limited (OTCMKTS:LNNGF – Get Free Report) were up 9.1% during mid-day trading on Monday . The stock traded as high as $2.40 and last traded at $2.40. Approximately 100 shares traded hands during trading, a decline of 96% from the average daily volume of 2,251 shares. The stock had previously closed at $2.20.
Li Ning Trading Up 9.1%
The firm has a 50-day simple moving average of $2.17 and a 200-day simple moving average of $2.15.
Li Ning Company Profile
Li Ning Company Limited is a leading manufacturer, distributor and retailer of sportswear and sports equipment headquartered in Beijing, China. The company’s product portfolio encompasses athletic footwear, apparel and accessories tailored to running, basketball, badminton, tennis and fitness segments. Since its founding in 1990 by former Olympic gymnast Li Ning, the firm has developed a comprehensive supply chain that spans design, manufacturing, wholesale and retail channels.
Li Ning distributes its products through a network of directly operated stores, franchised outlets and e-commerce platforms across mainland China.
See Also
- Five stocks we like better than Li Ning
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- Can Any Expenses Be Deducted From Capital Gains Tax?
- The Last Gold Bull Market
Receive News & Ratings for Li Ning Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Li Ning and related companies with MarketBeat.com's FREE daily email newsletter.
