Li Ning Co. (OTCMKTS:LNNGY – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $68.33, but opened at $65.03. Li Ning shares last traded at $67.04, with a volume of 225 shares trading hands.
Analysts Set New Price Targets
Separately, Zacks Research upgraded 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 data from MarketBeat.com, Li Ning presently has an average rating of “Hold”.
Check Out Our Latest Research Report on LNNGY
Li Ning Price Performance
About Li Ning
Li Ning Company Limited is a leading Chinese sportswear company engaged in the design, development, manufacturing and sale of athletic and lifestyle products. The company’s portfolio includes performance footwear, apparel and accessories tailored for running, basketball, training and other fitness activities. Li Ning distributes its products through an extensive network of concept stores, franchise outlets and e-commerce platforms across China and growing markets overseas.
Founded in 1990 by Li Ning, a decorated Olympic gymnast, the company quickly gained prominence in domestic and international markets.
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