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 traded.
Li Ning Price Performance
The company's 50 day moving average is $48.79 and its 200-day moving average is $51.31.
Li Ning Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, July 11th. Investors of record on Wednesday, June 18th will be paid a $0.6507 dividend. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a dividend 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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