Free Trial

Li Ning (OTCMKTS:LNNGY) Stock Passes Above 50-Day Moving Average - Should You Sell?

Li Ning logo with Retail/Wholesale background
Remove Ads

Shares of Li Ning Company Limited (OTCMKTS:LNNGY - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $51.96 and traded as high as $59.24. Li Ning shares last traded at $56.99, with a volume of 4,211 shares changing hands.

Li Ning Trading Down 7.0 %

The firm has a 50-day moving average of $52.16 and a 200-day moving average of $51.84.

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.

Read More

Should You Invest $1,000 in Li Ning Right Now?

Before you consider Li Ning, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Li Ning wasn't on the list.

While Li Ning currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Top Nuclear Stocks To Buy Now Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!
Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads