Li Ning Co. (OTCMKTS:LNNGY - Get Free Report) gapped down prior to trading 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 Stock Up 1.4%
The firm's fifty day moving average is $50.35 and its 200 day moving average is $51.14.
Li Ning Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, July 11th. Shareholders of record on Wednesday, June 18th were paid a dividend of $0.6507 per share. The ex-dividend date of this dividend was Tuesday, June 17th. This represents a 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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