Nike Inc. (NYSE:NKE) traded at a new 52-week high today of $165.84. This new high was reached on below average trading volume as 1.4 million shares traded hands, while the average 30-day volume is approximately 8.2 million shares.
Nike Inc. (NYSE:NKE) is currently priced 1.3% above its average consensus analyst price target of $163.51.
In the past 52 weeks, Nike Inc. share prices are bracketed by a low of $95.80 and a high of $165.84 and is now at $165.61, 73% 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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