adidas (ETR:ADS) Trading Down 1.7% – Here’s What Happened

adidas AG (ETR:ADS)’s stock price was down 1.7% during mid-day trading on Thursday . The stock traded as low as €144.55 and last traded at €144.55. Approximately 501,462 shares were traded during trading, The stock had previously closed at €147.05.

adidas Stock Down 1.7%

The company has a current ratio of 1.32, a quick ratio of 0.39 and a debt-to-equity ratio of 108.20. The stock has a market capitalization of $26.12 billion, a PE ratio of 68.40, a P/E/G ratio of 0.58 and a beta of 1.15. The stock’s fifty day simple moving average is €160.83 and its 200-day simple moving average is €172.27.

adidas Company Profile

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.