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Li Ning (OTCMKTS:LNNGY) Stock Price Passes Above 50-Day Moving Average - Here's What Happened

Li Ning logo with Retail/Wholesale background

Li Ning Company Limited (OTCMKTS:LNNGY - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $52.14 and traded as high as $53.53. Li Ning shares last traded at $53.33, with a volume of 5,211 shares.

Li Ning Stock Performance

The firm's 50 day moving average price is $52.14 and its two-hundred day moving average price is $50.51.

Li Ning Company Profile

(Get Free Report)

Li Ning Company Limited, a sports brand company, 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 professional and leisure footwear, apparel, equipment, and accessories under the LI-NING brand.

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