Li Ning (OTCMKTS:LNNGF – Get Free Report) will likely be announcing its resultson Thursday, August 6th. Analysts expect the company to post earnings of $0.0942 per share and revenue of $2.2433 billion for the quarter.
Li Ning Price Performance
Shares of OTCMKTS:LNNGF opened at $1.95 on Thursday. The business’s 50 day simple moving average is $2.02 and its 200-day simple moving average is $2.39. Li Ning has a 12 month low of $1.75 and a 12 month high of $2.85.
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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