Li Ning (OTCMKTS:LNNGY) Shares Pass Above 50 Day Moving Average of $63.65

Shares of Li Ning Company Limited (OTCMKTS:LNNGYGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $63.65 and traded as high as $63.85. Li Ning shares last traded at $63.45, with a volume of 2,230 shares.

Li Ning Trading Up 6.4 %

The business has a 50-day simple moving average of $63.61 and a 200-day simple moving average of $68.36.

About Li Ning

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Li Ning Company Limited 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 footwear, apparel, equipment, and accessories for professional and leisure purposes primarily under the LI-NING brand.

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