Li Ning Co. (OTCMKTS:LNNGY – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $53.35, but opened at $51.86. Li Ning shares last traded at $54.42, with a volume of 20 shares changing hands.
Li Ning Stock Performance
The business’s 50 day simple moving average is $49.82 and its 200-day simple moving average is $51.20.
Li Ning Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, July 11th. Investors of record on Wednesday, June 18th will be given a dividend of $0.6507 per share. The ex-dividend date is Tuesday, June 17th. This represents a yield of 3.84%.
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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