adidas (OTCMKTS:ADDDF) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

adidas AG (OTCMKTS:ADDDFGet Free Report)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $243.20 and traded as low as $228.46. adidas shares last traded at $235.71, with a volume of 95 shares trading hands.

adidas Stock Down 0.4 %

The stock’s fifty day simple moving average is $248.79 and its 200-day simple moving average is $243.39.

adidas Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for adidas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for adidas and related companies with MarketBeat.com's FREE daily email newsletter.