adidas (ETR:ADS) Stock Price Down 1.9% – Time to Sell?

adidas AG (ETR:ADSGet Free Report) shares traded down 1.9% on Wednesday . The stock traded as low as €220.60 ($239.78) and last traded at €222.40 ($241.74). 634,920 shares traded hands during trading, The stock had previously closed at €226.80 ($246.52).

adidas Price Performance

The stock’s 50 day moving average is €247.37 and its two-hundred day moving average is €234.01. The company has a debt-to-equity ratio of 108.20, a quick ratio of 0.39 and a current ratio of 1.32. The stock has a market capitalization of $40.18 billion, a PE ratio of 105.24, a price-to-earnings-growth ratio of 0.58 and a beta of 1.15.

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.

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