Shares of Li Ning Co. (OTCMKTS:LNNGY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $52.10, but opened at $49.83. Li Ning shares last traded at $51.14, with a volume of 326 shares traded.
Li Ning Stock Up 4.8%
The firm has a fifty day moving average of $49.00 and a 200 day moving average of $51.24.
Li Ning Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, July 11th. Stockholders of record on Wednesday, June 18th will be issued a $0.6507 dividend. The ex-dividend date is Tuesday, June 17th. This represents a dividend yield of 3.84%.
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.
Recommended 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
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
