adidas AG (OTCMKTS:ADDDF – Get Free Report) shares 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 changing hands.
adidas Trading Up 10.4%
The firm has a 50-day simple moving average of $169.89 and a two-hundred day simple moving average of $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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