adidas (ETR:ADS) Shares Climb 1.7% – Time to Buy?
by Sarita Garza · The Markets Dailyadidas AG (ETR:ADS – Get Free Report)’s stock price traded up 1.7% on Thursday. The stock traded as high as €163.20 and last traded at €160.75. 909,133 shares changed hands during trading, The stock had previously closed at €158.10.
adidas Stock Up 1.7%
The company has a current ratio of 1.39, a quick ratio of 0.39 and a debt-to-equity ratio of 100.37. The stock has a market capitalization of $29.04 billion, a PE ratio of 76.07, a P/E/G ratio of 0.58 and a beta of 1.17. The stock’s fifty day simple moving average is €149.40 and its 200-day simple moving average is €157.37.
About adidas
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. It sells its products through its own retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels.