adidas (ETR:ADS) Stock Price Up 1.2% – What’s Next?

Shares of adidas AG (ETR:ADS) were up 1.2% on Wednesday . The stock traded as high as €154.50 and last traded at €154.20. Approximately 456,869 shares traded hands during trading, The stock had previously closed at €152.35.

adidas Stock Up 1.2%

The company has a 50-day moving average of €175.46 and a 200-day moving average of €187.60. The company has a market capitalization of $27.86 billion, a price-to-earnings ratio of 72.97, a price-to-earnings-growth ratio of 0.58 and a beta of 1.15. The company has a current ratio of 1.32, a quick ratio of 0.39 and a debt-to-equity ratio of 108.20.

adidas Company Profile

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.