Nike Inc at new highs today (NYSE:NKE)

by Josh Nike Inc. ($NKE) shares are continuing their move to the upside today. Nike Inc. is up 0.45% at $66.44 on a volume of 1,238,260 shares, continuing to trade along the upper edge of the price envelope.

Shares broke out of their coil pattern on Thursday and are continuing higher today trading at a new 52 week high.

52 Week Range $44.83-$66.61 Market Cap 59,395,413,007 Average Volume 3,792,458 Dividend Yield 1.27% Institutional Ownership 67.90% Insider Ownership: 0.80% Percentage of Float Short 0.60% Beta 0.83

Nike Inc. is above the 50 day moving average and above the 200 day moving average.

Nike’s principal business activity is the design, development and worldwide marketing of high quality footwear, apparel, equipment, and accessory products. NIKE is the largest seller of athletic footwear and athletic apparel in the world.

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