Li Ning Co. (OTCMKTS:LNNGY - Get Free Report)'s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $51.82 and traded as high as $54.43. Li Ning shares last traded at $52.55, with a volume of 4,103 shares.
Li Ning Trading Up 2.9%
The firm has a fifty day simple moving average of $51.95 and a 200 day simple moving average of $51.50.
Li Ning Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, July 11th. Shareholders of record on Wednesday, June 18th were given a dividend of $0.6507 per share. This represents a yield of 384.0%. The ex-dividend date of this dividend was 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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