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Li Ning (OTCMKTS:LNNGY) Stock Price Passes Above 50 Day Moving Average - Should You Sell?

Li Ning logo with Retail/Wholesale background

Li Ning Company Limited (OTCMKTS:LNNGY - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $50.65 and traded as high as $50.80. Li Ning shares last traded at $48.90, with a volume of 7,958 shares trading hands.

Li Ning Stock Up 1.5%

The company has a 50 day moving average of $50.13 and a two-hundred day moving average of $51.86.

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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