adidas (ETR:ADS) Shares Down 0.5% – What’s Next?

adidas AG (ETR:ADSGet Free Report)’s stock price was down 0.5% during trading on Thursday . The stock traded as low as €219.10 ($238.15) and last traded at €220.80 ($240.00). Approximately 376,497 shares traded hands during mid-day trading, The stock had previously closed at €222.00 ($241.30).

adidas Price Performance

The firm has a 50-day simple moving average of €225.54 and a two-hundred day simple moving average of €224.21. The company has a market capitalization of $39.66 billion, a price-to-earnings ratio of 201.28, a P/E/G ratio of 0.64 and a beta of 1.15. The company has a current ratio of 1.27, a quick ratio of 0.39 and a debt-to-equity ratio of 113.87.

About adidas

(Get Free Report)

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.

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