Shares of Li Ning Company Limited (OTCMKTS:LNNGY – Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $39.26 and last traded at $43.20, with a volume of 22421 shares trading hands. The stock had previously closed at $44.38.
Li Ning Stock Performance
The company’s 50 day moving average price is $51.23 and its 200-day moving average price is $59.97.
Li Ning Cuts Dividend
The firm also recently declared a dividend, which was paid on Monday, July 15th. Stockholders of record on Tuesday, June 18th were paid a dividend of $0.5702 per share. The ex-dividend date of this dividend was Tuesday, June 18th.
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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