adidas (ETR:ADS) Trading Down 4.6%

adidas AG (ETR:ADS – Get Rating)’s stock price traded down 4.6% during mid-day trading on Thursday . The stock traded as low as €139.00 ($149.46) and last traded at €141.16 ($151.78). 980,547 shares were traded during trading, The stock had previously closed at €147.96 ($159.10).

adidas Stock Down 0.6 %

The company has a 50-day simple moving average of €145.69 and a 200-day simple moving average of €131.99. The firm has a market cap of $25.74 billion, a PE ratio of 32.04, a price-to-earnings-growth ratio of 1.93 and a beta of 1.03. The company has a debt-to-equity ratio of 91.09, a current ratio of 1.25 and a quick ratio of 0.39.

adidas Company Profile

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adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and accessories and gear, such as bags and balls under the adidas brand. It sells its products through approximately 2,200 own-retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels.