Li Ning Co. (OTCMKTS:LNNGY - Get Free Report) fell 6.8% on Monday . The stock traded as low as $51.12 and last traded at $51.12. 3,003 shares traded hands during trading, a decline of 79% from the average session volume of 14,410 shares. The stock had previously closed at $54.84.
Li Ning Stock Performance
The firm's 50-day simple moving average is $50.17 and its two-hundred day simple moving average is $51.21.
Li Ning Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, July 11th. Stockholders of record on Wednesday, June 18th will be issued a dividend of $0.6507 per share. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a dividend 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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