Li Ning Company Limited (OTCMKTS:LNNGF – Get Free Report) was down 6.7% during trading on Monday . The company traded as low as $2.00 and last traded at $2.00. 536 shares changed hands during trading, a decline of 84% from the average daily volume of 3,440 shares. The stock had previously closed at $2.1440.
Li Ning Price Performance
The firm’s 50-day moving average price is $2.37 and its two-hundred day moving average price is $2.47.
About Li Ning
Li Ning Company Limited is a leading manufacturer, distributor and retailer of sportswear and sports equipment headquartered in Beijing, China. The company’s product portfolio encompasses athletic footwear, apparel and accessories tailored to running, basketball, badminton, tennis and fitness segments. Since its founding in 1990 by former Olympic gymnast Li Ning, the firm has developed a comprehensive supply chain that spans design, manufacturing, wholesale and retail channels.
Li Ning distributes its products through a network of directly operated stores, franchised outlets and e-commerce platforms across mainland China.
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