Li Ning Co. (OTCMKTS:LNNGY - Get Free Report) shares crossed 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 trading hands.
Li Ning Stock Up 1.7%
The stock has a 50 day simple moving average of $52.05 and a 200-day simple moving average of $51.51.
Li Ning Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, July 11th. Stockholders of record on Wednesday, June 18th were given a $0.6507 dividend. This represents a dividend yield of 384.0%. The ex-dividend date 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.
Further Reading
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