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.
Featured Stories
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.