Li Ning (OTCMKTS:LNNGY) Shares Gap Down – Here’s What Happened

Li Ning Co. (OTCMKTS:LNNGYGet Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $54.15, but opened at $51.90. Li Ning shares last traded at $53.8950, with a volume of 152 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Li Ning from a “strong sell” rating to a “hold” rating in a research note on Monday, October 27th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

Get Our Latest Stock Analysis on LNNGY

Li Ning Stock Performance

The stock has a fifty day moving average price of $55.59 and a 200 day moving average price of $54.75.

Li Ning Company Profile

(Get Free Report)

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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