Shares of Li Ning Co. (OTCMKTS:LNNGY – Get Free Report) saw an uptick in trading volume on Tuesday . 37,417 shares were traded during trading, an increase of 306% from the previous session’s volume of 9,219 shares.The stock last traded at $43.27 and had previously closed at $43.5750.
Analysts Set New Price Targets
Separately, Zacks Research lowered shares of Li Ning from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.
Read Our Latest Research Report on LNNGY
Li Ning Price Performance
Li Ning Company Profile
Li Ning Company Limited is a leading Chinese sportswear company engaged in the design, development, manufacturing and sale of athletic and lifestyle products. The company’s portfolio includes performance footwear, apparel and accessories tailored for running, basketball, training and other fitness activities. Li Ning distributes its products through an extensive network of concept stores, franchise outlets and e-commerce platforms across China and growing markets overseas.
Founded in 1990 by Li Ning, a decorated Olympic gymnast, the company quickly gained prominence in domestic and international markets.
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