adidas (ETR:ADS) Trading Up 0.4% – Here’s What Happened

Shares of adidas AG (ETR:ADS) rose 0.4% during mid-day trading on Thursday . The stock traded as high as €157.45 and last traded at €157.05. Approximately 490,260 shares traded hands during trading, The stock had previously closed at €156.45.

adidas Price Performance

The firm has a 50-day simple moving average of €158.78 and a 200-day simple moving average of €167.34. The firm has a market cap of $28.67 billion, a P/E ratio of 75.10, a PEG ratio of 0.58 and a beta of 1.15. The company has a current ratio of 1.32, a quick ratio of 0.39 and a debt-to-equity ratio of 108.20.

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.