Li Ning Co. (OTCMKTS:LNNGY - Get Free Report) shares dropped 6.8% on Monday . The company traded as low as $51.12 and last traded at $51.12. Approximately 3,003 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 14,410 shares. The stock had previously closed at $54.84.
Li Ning Stock Performance
The business has a 50-day moving average price of $49.96 and a 200 day moving average price of $51.22.
Li Ning Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, July 11th. Stockholders of record on Wednesday, June 18th will be paid a $0.6507 dividend. This represents a dividend yield of 3.84%. The ex-dividend date is 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.
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