adidas (ETR:ADS) Stock Price Up 0.1% – Should You Buy?

adidas AG (ETR:ADSGet Free Report) shares were up 0.1% during mid-day trading on Thursday . The stock traded as high as €216.50 ($227.89) and last traded at €213.50 ($224.74). Approximately 324,400 shares traded hands during mid-day trading, The stock had previously closed at €213.20 ($224.42).

adidas Stock Performance

The company has a quick ratio of 0.39, a current ratio of 1.32 and a debt-to-equity ratio of 100.74. The company has a 50 day simple moving average of €224.20 and a 200-day simple moving average of €223.86. The stock has a market capitalization of $37.69 billion, a price-to-earnings ratio of 100.71, a price-to-earnings-growth ratio of 0.58 and a beta of 1.15.

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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