Li Ning Company Limited (OTCMKTS:LNNGY - Get Free Report)'s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $48.10 and traded as high as $51.95. Li Ning shares last traded at $51.95, with a volume of 2,377 shares.
Li Ning Trading Down 1.3%
The firm has a 50-day simple moving average of $48.47 and a two-hundred day simple moving average of $51.42.
Li Ning Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, July 11th. Shareholders of record on Wednesday, June 18th will be given a dividend of $0.6507 per share. This represents a yield of 3.84%. The ex-dividend date of this dividend is Tuesday, June 17th.
Li Ning Company Profile
(
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Li Ning Company Limited, a sports brand company, engages in the research and development, design, manufacture, marketing, distribution, and retail of sporting goods in the People's Republic of China. The company offers sporting goods, including professional and leisure footwear, apparel, equipment, and accessories under the LI-NING brand.
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