adidas (ETR:ADS) Trading Down 0.9% – Time to Sell?

Shares of adidas AG (ETR:ADSGet Free Report) fell 0.9% on Thursday . The company traded as low as €145.95 and last traded at €146.45. 562,979 shares changed hands during trading, The stock had previously closed at €147.85.

adidas Trading Down 0.9%

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 firm has a market cap of $26.46 billion, a price-to-earnings ratio of 69.30, a PEG ratio of 0.58 and a beta of 1.19. The business has a fifty day simple moving average of €165.90 and a 200-day simple moving average of €156.31.

About adidas

(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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