Free Trial

Li Ning (OTCMKTS:LNNGY) Shares Pass Above Fifty Day Moving Average - Should You Sell?

Li Ning logo with Retail/Wholesale background

Shares of Li Ning Company Limited (OTCMKTS:LNNGY - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $48.36 and traded as high as $49.28. Li Ning shares last traded at $47.37, with a volume of 8,592 shares traded.

Li Ning Stock Performance

The firm has a 50 day moving average of $48.24 and a two-hundred day moving average of $51.48.

About Li Ning

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Li Ning Right Now?

Before you consider Li Ning, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Li Ning wasn't on the list.

While Li Ning currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Free Today: Your Guide to Smarter Options Trades Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Top 3 Defense Stocks to Profit From $175 Billion Golden Dome
Top 5 Stocks for June: AI Picks That Aren’t NVIDIA
This Unique Robotaxi Play Could Deliver 10X Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines