adidas AG (ETR:ADS – Get Free Report)’s share price traded down 1.8% on Wednesday . The company traded as low as €253.90 ($264.48) and last traded at €255.20 ($265.83). 365,555 shares traded hands during mid-day trading, The stock had previously closed at €259.80 ($270.63).
adidas Trading Down 1.8 %
The company has a quick ratio of 0.39, a current ratio of 1.32 and a debt-to-equity ratio of 108.20. The firm has a market cap of $46.11 billion, a price-to-earnings ratio of 120.76, a price-to-earnings-growth ratio of 0.58 and a beta of 1.15. The business’s fifty day moving average is €246.08 and its two-hundred day moving average is €231.15.
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.
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