Li Ning Company Limited (OTCMKTS:LNNGF – Get Free Report)’s stock price rose 1.8% on Tuesday . The stock traded as high as $2.85 and last traded at $2.85. Approximately 800 shares changed hands during trading, a decline of 57% from the average daily volume of 1,840 shares. The stock had previously closed at $2.80.
Li Ning Price Performance
The company has a 50-day moving average of $2.56 and a 200-day moving average of $2.33.
Li Ning Company Profile
Li Ning Company Limited is a leading manufacturer, distributor and retailer of sportswear and sports equipment headquartered in Beijing, China. The company’s product portfolio encompasses athletic footwear, apparel and accessories tailored to running, basketball, badminton, tennis and fitness segments. Since its founding in 1990 by former Olympic gymnast Li Ning, the firm has developed a comprehensive supply chain that spans design, manufacturing, wholesale and retail channels.
Li Ning distributes its products through a network of directly operated stores, franchised outlets and e-commerce platforms across mainland China.
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