Shares of Li Ning Company Limited (OTCMKTS:LNNGF – Get Free Report) dropped 6.7% during mid-day trading on Monday . The stock traded as low as $2.00 and last traded at $2.00. Approximately 536 shares changed hands during trading, a decline of 84% from the average session volume of 3,440 shares. The stock had previously closed at $2.1440.
Li Ning Stock Performance
The stock has a 50-day moving average price of $2.38 and a 200 day moving average price of $2.47.
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.
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