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Li Ning (OTCMKTS:LNNGY) Stock Price Crosses Above 50 Day Moving Average - Time to Sell?

Li Ning logo with Retail/Wholesale background

Li Ning Company Limited (OTCMKTS:LNNGY - Get Free Report)'s stock price 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 Price Performance

The firm's 50-day simple moving average is $48.05 and its two-hundred day simple moving average is $51.43.

Li Ning Company Profile

(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.

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