Li Ning Company Limited (OTCMKTS:LNNGY – Get Free Report)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $49.48 and traded as high as $52.18. Li Ning shares last traded at $51.82, with a volume of 10,359 shares traded.
Li Ning Stock Performance
The stock has a 50 day simple moving average of $49.48 and a 200-day simple moving average of $55.69.
Li Ning Increases Dividend
The firm also recently announced a dividend, which was paid on Thursday, September 26th. Investors of record on Friday, August 30th were given a dividend of $1.2516 per share. This is a positive change from Li Ning’s previous dividend of $0.57. The ex-dividend date was Friday, August 30th.
Li Ning Company Profile
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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