Li Ning (OTCMKTS:LNNGF) Stock Price Up 15.8% – Should You Buy?

Li Ning Company Limited (OTCMKTS:LNNGFGet Free Report)’s stock price shot up 15.8% during mid-day trading on Monday . The company traded as high as $2.40 and last traded at $2.40. 225 shares traded hands during trading, a decline of 91% from the average session volume of 2,506 shares. The stock had previously closed at $2.07.

Li Ning Stock Up 15.8 %

The company has a fifty day moving average price of $2.20 and a 200 day moving average price of $2.12.

About Li Ning

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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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