adidas (OTCMKTS:ADDDF) Shares Cross Above Fifty Day Moving Average – Here’s Why

adidas AG (OTCMKTS:ADDDFGet Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $254.95 and traded as high as $274.60. adidas shares last traded at $273.74, with a volume of 140 shares trading hands.

adidas Trading Down 3.4 %

The firm has a 50-day simple moving average of $255.63 and a 200-day simple moving average of $247.06.

adidas Company Profile

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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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