adidas AG (ETR:ADS – Get Free Report) shares dropped 1.7% during mid-day trading on Thursday . The company traded as low as €158.55 and last traded at €160.95. Approximately 895,803 shares were traded during trading, The stock had previously closed at €163.75.
adidas Stock Up 0.8%
The business’s fifty day moving average price is €162.18 and its 200 day moving average price is €177.02. The firm has a market capitalization of $30.11 billion, a price-to-earnings ratio of 78.86, a PEG 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.
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.
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