Li Ning Co. (OTCMKTS:LNNGY – Get Free Report)’s stock price was up 5% during mid-day trading on Tuesday . The stock traded as high as $43.39 and last traded at $43.39. Approximately 476 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 10,388 shares. The stock had previously closed at $41.34.
Wall Street Analyst Weigh In
Separately, Zacks Research lowered Li Ning from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.
Get Our Latest Report on Li Ning
Li Ning Trading Down 2.4%
Li Ning Company Profile
Li Ning Company Limited is a Chinese sportswear and sporting-goods company founded in 1990 by Olympic gymnast Li Ning. Headquartered in Beijing, the company develops, manufactures, markets and sells products under the Li-Ning brand, including athletic footwear, apparel, accessories and sports equipment.
The company serves consumers through retail stores, distributors, e-commerce platforms and other sales channels. Its product portfolio is designed for sports and lifestyle use, with offerings associated with activities such as basketball, running, training, badminton and table tennis.
See Also
- Five stocks we like better than Li Ning
- Analysts See Double-Digit Upside for These 3 Stocks
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
- Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
Receive News & Ratings for Li Ning Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Li Ning and related companies with MarketBeat.com's FREE daily email newsletter.