Li Ning (OTCMKTS:LNNGY – Get Free Report) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.
Li Ning Price Performance
Shares of OTCMKTS LNNGY opened at $63.20 on Tuesday. Li Ning has a twelve month low of $42.13 and a twelve month high of $74.18. The firm has a 50-day moving average of $66.76 and a two-hundred day moving average of $60.59.
About Li Ning
Li Ning Company Limited is a leading Chinese sportswear company engaged in the design, development, manufacturing and sale of athletic and lifestyle products. The company’s portfolio includes performance footwear, apparel and accessories tailored for running, basketball, training and other fitness activities. Li Ning distributes its products through an extensive network of concept stores, franchise outlets and e-commerce platforms across China and growing markets overseas.
Founded in 1990 by Li Ning, a decorated Olympic gymnast, the company quickly gained prominence in domestic and international markets.
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