adidas (ETR:ADS) Trading 0.1% Higher – Time to Buy?

adidas AG (ETR:ADSGet Free Report)’s share price was up 0.1% during trading on Thursday . The company traded as high as €216.50 ($225.52) and last traded at €213.50 ($222.40). Approximately 324,400 shares traded hands during trading, The stock had previously closed at €213.20 ($222.08).

adidas Stock Performance

The stock has a 50-day moving average price of €224.05 and a 200 day moving average price of €223.77. The firm has a market capitalization of $38.28 billion, a price-to-earnings ratio of 99.58, a P/E/G ratio of 0.58 and a beta of 1.15. The company has a quick ratio of 0.39, a current ratio of 1.32 and a debt-to-equity ratio of 100.74.

adidas Company Profile

(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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