Li Ning (OTCMKTS:LNNGY) Shares Gap Down – Should You Sell?

Posted by Mark Dietrich on Jul 6th, 2026

Li Ning Co. (OTCMKTS:LNNGY – Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $48.92, but opened at $46.56. Li Ning shares last traded at $47.51, with a volume of 180 shares trading hands.

Analyst Ratings Changes

Several equities research analysts have weighed in on LNNGY shares. Zacks Research downgraded Li Ning from a “strong-buy” rating to a “hold” rating in a report on Friday, May 22nd. The Goldman Sachs Group raised shares of Li Ning from a “hold” rating to a “strong-buy” rating in a report on Sunday, March 22nd. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Li Ning presently has an average rating of “Buy”.

View Our Latest Stock Analysis on LNNGY

Li Ning Stock Performance

The firm’s 50 day moving average price is $56.92 and its 200-day moving average price is $63.00.

About Li Ning

(Get Free Report)

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.