Li Ning (OTCMKTS:LNNGY) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Li Ning Company Limited (OTCMKTS:LNNGYGet Free Report)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $52.10 and traded as low as $48.00. Li Ning shares last traded at $50.10, with a volume of 7,025 shares traded.

Li Ning Stock Performance

The stock has a 50 day simple moving average of $52.06 and a two-hundred day simple moving average of $50.26.

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.

Further Reading

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