adidas AG (ETR:ADS – Get Free Report) shares shot up 1.4% during mid-day trading on Wednesday . The stock traded as high as €169.70 and last traded at €168.55. 592,422 shares traded hands during mid-day trading, The stock had previously closed at €166.25.
adidas Stock Performance
The stock has a 50-day moving average price of €169.33 and a 200 day moving average price of €181.71. The company has a quick ratio of 0.39, a current ratio of 1.32 and a debt-to-equity ratio of 108.20. The firm has a market capitalization of $29.81 billion, a price-to-earnings ratio of 78.08, a P/E/G ratio of 0.58 and a beta of 1.15.
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.
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