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Li Ning (OTCMKTS:LNNGY) Shares Gap Down - Should You Sell?

Li Ning logo with Retail/Wholesale background

Li Ning Co. (OTCMKTS:LNNGY - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $51.39, but opened at $49.47. Li Ning shares last traded at $50.76, with a volume of 191 shares.

Li Ning Price Performance

The stock has a 50-day moving average of $50.22 and a two-hundred day moving average of $51.15.

Li Ning Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 11th. Investors of record on Wednesday, June 18th were paid a $0.6507 dividend. This represents a yield of 3.84%. The ex-dividend date was Tuesday, June 17th.

About Li Ning

(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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