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Li Ning (OTCMKTS:LNNGY) Trading Down 3.8% - Should You Sell?

Li Ning logo with Retail/Wholesale background

Li Ning Co. (OTCMKTS:LNNGY - Get Free Report) fell 3.8% during trading on Wednesday . The stock traded as low as $52.15 and last traded at $52.15. 4 shares were traded during mid-day trading, a decline of 100% from the average session volume of 13,957 shares. The stock had previously closed at $54.20.

Li Ning Stock Down 1.2%

The company has a 50 day moving average of $50.90 and a 200 day moving average of $51.23.

Li Ning Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 11th. Investors of record on Wednesday, June 18th were paid a $0.6507 dividend. This represents a yield of 3.84%. The ex-dividend date of this dividend was Tuesday, June 17th.

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.

Further Reading

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