adidas (OTCMKTS:ADDDF) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

by · The Markets Daily

Shares of adidas AG (OTCMKTS:ADDDF – Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $248.12 and traded as low as $203.49. adidas shares last traded at $214.98, with a volume of 621 shares changing hands.

adidas Stock Performance

The company has a 50 day moving average of $253.08 and a 200-day moving average of $248.15.

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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