Li Ning Co. (OTCMKTS:LNNGY – Get Free Report)’s stock price gapped down prior to trading on Wednesday. The stock had previously closed at $40.50, but opened at $38.25. Li Ning shares last traded at $40.54, with a volume of 75 shares.
Analyst Upgrades and Downgrades
Separately, Zacks Research lowered Li Ning from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Li Ning has a consensus rating of “Moderate Buy”.
View Our Latest Stock Report on Li Ning
Li Ning Price Performance
Li Ning Company Profile
Li Ning Company Limited is a Chinese sportswear and sporting-goods company founded in 1990 by Olympic gymnast Li Ning. Headquartered in Beijing, the company develops, manufactures, markets and sells products under the Li-Ning brand, including athletic footwear, apparel, accessories and sports equipment.
The company serves consumers through retail stores, distributors, e-commerce platforms and other sales channels. Its product portfolio is designed for sports and lifestyle use, with offerings associated with activities such as basketball, running, training, badminton and table tennis.
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