Li Ning Co. (OTCMKTS:LNNGY - Get Free Report) 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.
Li Ning Stock Down 0.3%
The company has a fifty day moving average price of $50.17 and a two-hundred day moving average price of $51.21.
Li Ning Cuts Dividend
The business 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. This represents a dividend yield of 3.84%. The ex-dividend date of this dividend is Tuesday, June 17th.
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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