adidas (ETR:ADS) Shares Down 0.5% – Here’s Why

Shares of adidas AG (ETR:ADS – Get Free Report) were down 0.5% during mid-day trading on Thursday . The stock traded as low as €219.10 ($238.15) and last traded at €220.80 ($240.00). Approximately 376,497 shares traded hands during mid-day trading, The stock had previously closed at €222.00 ($241.30).

adidas Price Performance

The stock has a market cap of $39.42 billion, a price-to-earnings ratio of 202.57, a PEG ratio of 0.64 and a beta of 1.15. The company has a 50-day moving average of €225.50 and a 200-day moving average of €224.07. The company has a debt-to-equity ratio of 113.87, a quick ratio of 0.39 and a current ratio of 1.27.

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.

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