Li Ning Co. (OTCMKTS:LNNGY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $53.35, but opened at $51.86. Li Ning shares last traded at $54.42, with a volume of 20 shares changing hands.
Li Ning Price Performance
The company has a 50-day moving average price of $50.07 and a 200 day moving average price of $51.22.
Li Ning Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, July 11th. Investors of record on Wednesday, June 18th will be given a $0.6507 dividend. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a dividend yield of 3.84%.
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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