Li Ning (OTCMKTS:LNNGY) Stock Price Passes Above 50 Day Moving Average – What’s Next?

Li Ning Company Limited (OTCMKTS:LNNGYGet Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $53.45 and traded as high as $59.00. Li Ning shares last traded at $57.24, with a volume of 6,316 shares traded.

Li Ning Trading Down 2.5 %

The business has a 50-day simple moving average of $53.63 and a two-hundred day simple moving average of $52.62.

About Li Ning

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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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