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

Shares of adidas AG (OTCMKTS:ADDDFGet 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

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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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