Li Ning Co. (OTCMKTS:LNNGY - Get Free Report)'s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $48.79 and traded as high as $52.01. Li Ning shares last traded at $49.92, with a volume of 9,117 shares changing hands.
Li Ning Stock Up 4.7%
The stock has a 50 day moving average of $48.78 and a 200-day moving average of $51.28.
Li Ning Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, July 11th. Stockholders of record on Wednesday, June 18th will be given a $0.6507 dividend. This represents a dividend yield of 3.84%. The ex-dividend date 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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