adidas (ETR:ADS) Stock Price Down 1.7% – Should You Sell?

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

adidas Stock Performance

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 firm has a market cap of $26.95 billion, a PE ratio of 70.58, a P/E/G ratio of 0.58 and a beta of 1.15. The stock’s 50 day moving average price is €160.66 and its 200 day moving average price is €171.82.

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. It sells its products through its own retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels.

Featured Articles

Receive News & Ratings for adidas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for adidas and related companies with MarketBeat.com's FREE daily email newsletter.