adidas (OTCMKTS:ADDDF) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

by · The Cerbat Gem

Shares of adidas AG (OTCMKTS:ADDDF – Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $239.16 and traded as high as $248.02. adidas shares last traded at $245.99, with a volume of 252 shares.

adidas Stock Performance

The company’s 50 day moving average is $239.16 and its 200 day moving average is $242.92.

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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