adidas (ETR:ADS) Shares Up 1.7% – Time to Buy?

Shares of adidas AG (ETR:ADS – Get Free Report) traded up 1.7% during mid-day trading on Thursday. The company traded as high as €163.20 and last traded at €160.75. Approximately 909,133 shares were traded during mid-day trading, The stock had previously closed at €158.10.

adidas Stock Performance

The company has a debt-to-equity ratio of 100.37, a quick ratio of 0.39 and a current ratio of 1.39. The stock has a market cap of $29.04 billion, a PE ratio of 76.07, a price-to-earnings-growth ratio of 0.58 and a beta of 1.17. The company’s 50 day simple moving average is €149.40 and its 200 day simple moving average is €157.37.

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. 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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