Li Ning (LNNGF) Expected to Post Quarterly Earnings on Thursday

Li Ning (OTCMKTS:LNNGFGet Free Report) will likely be posting its resultson Thursday, August 6th. Analysts expect Li Ning to announce earnings of $0.0942 per share and revenue of $2.2433 billion for the quarter.

Li Ning Stock Performance

Shares of LNNGF opened at $1.95 on Thursday. Li Ning has a fifty-two week low of $1.75 and a fifty-two week high of $2.85. The firm has a 50-day simple moving average of $2.02 and a 200-day simple moving average of $2.39.

Li Ning Company Profile

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Li Ning Company Limited is a leading manufacturer, distributor and retailer of sportswear and sports equipment headquartered in Beijing, China. The company’s product portfolio encompasses athletic footwear, apparel and accessories tailored to running, basketball, badminton, tennis and fitness segments. Since its founding in 1990 by former Olympic gymnast Li Ning, the firm has developed a comprehensive supply chain that spans design, manufacturing, wholesale and retail channels.

Li Ning distributes its products through a network of directly operated stores, franchised outlets and e-commerce platforms across mainland China.

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