Li Ning (OTCMKTS:LNNGY) Shares Gap Down – What’s Next?

Li Ning Co. (OTCMKTS:LNNGY – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $59.79, but opened at $56.4901. Li Ning shares last traded at $58.82, with a volume of 334 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded Li Ning from a “strong sell” rating to a “hold” rating in a report on Monday, October 27th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

View Our Latest Analysis on Li Ning

Li Ning Stock Performance

The business’s 50 day simple moving average is $55.67 and its two-hundred day simple moving average is $54.99.

About Li Ning

(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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