Shares of adidas AG (OTCMKTS:ADDDF – Get Free Report) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $170.99 and traded as high as $177.50. adidas shares last traded at $176.50, with a volume of 1,163 shares traded.
adidas Stock Performance
The business’s 50-day simple moving average is $170.90 and its two-hundred day simple moving average is $179.39.
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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