Li Ning (OTCMKTS:LNNGY) Share Price Crosses Above 50 Day Moving Average of $63.65

Shares of Li Ning Company Limited (OTCMKTS:LNNGYGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $63.65 and traded as high as $63.85. Li Ning shares last traded at $63.45, with a volume of 2,230 shares changing hands.

Li Ning Price Performance

The business has a 50-day simple moving average of $63.65 and a 200-day simple moving average of $68.40.

About Li Ning

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Li Ning Company Limited 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 footwear, apparel, equipment, and accessories for professional and leisure purposes primarily under the LI-NING brand.

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