Shares of adidas AG (OTCMKTS:ADDDF – Get Free Report) passed above its 200-day moving average during trading on Thursday. The stock has a 200-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 trading hands.
adidas Trading Up 0.0%
The business has a fifty day moving average of $170.16 and a 200 day moving average of $177.57.
adidas Company Profile
adidas AG is a German sporting goods company that designs, develops and markets athletic footwear, apparel and accessories. Its products serve a broad range of sports and activities, including football, running, basketball, training and outdoor recreation, as well as lifestyle and fashion markets.
The company sells products under the adidas brand through wholesale partners, its own retail stores and digital channels. Its offerings include performance footwear and clothing, sports equipment, athletic-inspired casualwear and collaborations with designers, athletes, teams and entertainment brands.
Adidas traces its origins to 1949, when Adolf “Adi” Dassler registered adidas in Herzogenaurach, Germany.
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