Shares of Li Ning Co. (OTCMKTS:LNNGY - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $49.72 and traded as high as $56.19. Li Ning shares last traded at $54.84, with a volume of 5,989 shares traded.
Li Ning Price Performance
The stock has a 50-day moving average price of $49.72 and a two-hundred day moving average price of $51.23.
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 given a $0.6507 dividend. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a dividend yield of 3.84%.
About Li Ning
(
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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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