adidas AG (ETR:ADS – Get Free Report) shares fell 1.7% on Monday . The stock traded as low as €173.40 and last traded at €174.90. 1,261,231 shares changed hands during mid-day trading, The stock had previously closed at €177.95.
adidas Trading Down 1.7%
The company has a debt-to-equity ratio of 99.42, a current ratio of 1.35 and a quick ratio of 0.39. The stock has a market capitalization of $31.60 billion, a price-to-earnings ratio of 82.76, a PEG ratio of 0.58 and a beta of 1.20. The business’s 50-day simple moving average is €153.21 and its two-hundred day simple moving average is €152.90.
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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