Li Ning Co. (OTCMKTS:LNNGY – Get Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $51.39, but opened at $49.47. Li Ning shares last traded at $50.76, with a volume of 191 shares.
Li Ning Stock Down 1.0%
The stock’s 50 day moving average is $50.22 and its two-hundred day moving average is $51.15.
Li Ning Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, July 11th. Shareholders of record on Wednesday, June 18th were given a dividend of $0.6507 per share. This represents a dividend yield of 3.84%. The ex-dividend date was Tuesday, June 17th.
About Li Ning
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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