adidas (ETR:ADS) Trading Up 1.4% – Should You Buy?

adidas AG (ETR:ADS) shares were up 1.4% on Wednesday . The stock traded as high as €138.30 and last traded at €137.90. Approximately 637,277 shares traded hands during mid-day trading, The stock had previously closed at €136.00.

adidas Price Performance

The company has a current ratio of 1.32, a quick ratio of 0.39 and a debt-to-equity ratio of 96.16. The company’s 50-day moving average price is €143.91 and its two-hundred day moving average price is €158.65. The company has a market cap of $25.63 billion, a P/E ratio of 19.53, a P/E/G ratio of 0.58 and a beta of 1.20.

About adidas

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.