Shares of Li Ning Company Limited (OTCMKTS:LNNGY – Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $50.75 and traded as high as $52.18. Li Ning shares last traded at $50.77, with a volume of 5,078 shares trading hands.
Li Ning Stock Performance
The stock has a 50-day moving average of $50.75 and a 200-day moving average of $54.86.
Li Ning Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, September 26th. Investors of record on Friday, August 30th were given a $1.2516 dividend. The ex-dividend date of this dividend was Friday, August 30th. This is a boost from Li Ning’s previous dividend of $0.57.
Li Ning Company Profile
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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