ASICS Co. (OTCMKTS:ASCCF – Get Free Report) rose 15.4% during trading on Tuesday . The stock traded as high as $30.00 and last traded at $30.00. Approximately 100 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 408 shares. The stock had previously closed at $26.00.
ASICS Stock Performance
The stock’s fifty day moving average is $26.60 and its two-hundred day moving average is $25.44.
ASICS Company Profile
ASICS Corporation is a Japanese multinational corporation specializing in the design, manufacture and marketing of athletic footwear, apparel and accessories. Headquartered in Kobe, Japan, the company was founded in 1949 by Kihachiro Onitsuka under the name Onitsuka Co, Ltd. It adopted the ASICS name in 1977, an acronym derived from the Latin phrase “Anima Sana In Corpore Sano” (“A Sound Mind in a Sound Body”), reflecting its long-standing commitment to promoting healthy living through sport.
The company’s primary business activities encompass research, development and production of performance-driven running shoes, cross-training sneakers, sportswear and related accessories.
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