Shares of Nike Inc. (NYSE:NKE) traded at a new 52-week high today of $161.50. So far today approximately 1.8 million shares have been exchanged, as compared to an average 30-day volume of 8.1 million shares.
Nike Inc. (NYSE:NKE) defies analysts with a current price ($159.30) 2.1% above its average consensus price target of $155.93.
In the past 52 weeks, Nike Inc. share prices are bracketed by a low of $95.11 and a high of $161.50 and is now at $159.30, 67% above that low price.
Nike Inc is the largest athletic footwear and apparel brand in the world. It designs, develops, and markets athletic apparel, footwear, equipment, and accessories in six major categories: running, basketball, soccer, training, sportswear, and Jordan. Footwear generates about two thirds of its sales. Nike’s brands include Nike, Jordan, and Converse (casual footwear). Nike sells products worldwide and outsources its production to more than 400 factories in more than 40 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
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