Li Ning Co. (OTCMKTS:LNNGY – Get Free Report) was up 5% on Tuesday . The stock traded as high as $43.39 and last traded at $43.39. 476 shares were traded during trading, a decline of 95% from the average session volume of 10,388 shares. The stock had previously closed at $41.34.
Analyst Ratings Changes
Separately, Zacks Research downgraded Li Ning from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.
Read Our Latest Stock Analysis on LNNGY
Li Ning Stock Performance
Li Ning Company Profile
Li Ning Company Limited is a Chinese sportswear and sporting-goods company founded in 1990 by Olympic gymnast Li Ning. Headquartered in Beijing, the company develops, manufactures, markets and sells products under the Li-Ning brand, including athletic footwear, apparel, accessories and sports equipment.
The company serves consumers through retail stores, distributors, e-commerce platforms and other sales channels. Its product portfolio is designed for sports and lifestyle use, with offerings associated with activities such as basketball, running, training, badminton and table tennis.
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