adidas (OTCMKTS:ADDDF) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Shares of adidas AG (OTCMKTS:ADDDF – Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $241.64 and traded as high as $247.68. adidas shares last traded at $245.46, with a volume of 299 shares changing hands.

adidas Stock Down 1.0 %

The company’s fifty day moving average price is $242.04 and its 200 day moving average price is $243.82.

adidas Company Profile

(Get Free Report)

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products in Europe, the Middle East, Africa, North America, Greater China, the Asia-Pacific, and Latin America. It offers footwear, apparel, and accessories and gear, such as bags and balls under the adidas brand; golf footwear and apparel under the adidas Golf brand; and outdoor footwear under the Five Ten brand.

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