Shares of adidas AG (OTCMKTS:ADDDF – Get Free Report) crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $177.58 and traded as high as $187.00. adidas shares last traded at $187.00, with a volume of 9 shares.
adidas Trading Up 10.4%
The stock’s 50-day simple moving average is $169.89 and its 200 day simple moving average is $177.58.
About adidas
adidas AG is a German sporting goods company that designs, develops, markets and distributes athletic footwear, apparel and accessories. Its products serve a wide range of sports, including football, running, basketball, training and outdoor activities, while also offering lifestyle and fashion products based on sportswear designs.
The company sells products under the adidas brand through wholesale partners, company-operated stores, e-commerce platforms and other direct-to-consumer channels.
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