Li Ning Company Limited (OTCMKTS:LNNGY – Get Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $52.82 and traded as low as $46.80. Li Ning shares last traded at $46.83, with a volume of 69,639 shares trading hands.
Li Ning Trading Down 11.2 %
The business has a 50 day simple moving average of $52.82 and a two-hundred day simple moving average of $50.59.
About Li Ning
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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