Shares of Li Ning Co. (OTCMKTS:LNNGY - Get Free Report) traded up 4.9% on Friday . The company traded as high as $52.01 and last traded at $50.24. 89 shares were traded during trading, a decline of 99% from the average session volume of 14,731 shares. The stock had previously closed at $47.88.
Li Ning Stock Performance
The firm has a 50 day moving average price of $48.77 and a 200-day moving average price of $51.33.
Li Ning Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, July 11th. Shareholders of record on Wednesday, June 18th will be issued a dividend of $0.6507 per share. The ex-dividend date is Tuesday, June 17th. This represents a yield of 3.84%.
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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