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Li Ning (OTCMKTS:LNNGY) Stock Price Passes Below 50 Day Moving Average - Time to Sell?

Li Ning logo with Retail/Wholesale background

Li Ning Company Limited (OTCMKTS:LNNGY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $52.68 and traded as low as $47.10. Li Ning shares last traded at $48.34, with a volume of 11,928 shares.

Li Ning Stock Performance

The business's 50-day moving average is $52.34 and its 200 day moving average is $52.13.

Li Ning Company Profile

(Get Free Report)

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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