adidas AG (ETR:ADS – Get Free Report) shares shot up 0.8% during trading on Thursday . The company traded as high as €156.10 and last traded at €155.90. 319,113 shares changed hands during trading, The stock had previously closed at €154.70.
adidas Trading Up 0.8%
The company has a 50 day simple moving average of €173.68 and a two-hundred day simple moving average of €156.59. The company has a debt-to-equity ratio of 100.37, a quick ratio of 0.39 and a current ratio of 1.39. The firm has a market cap of $28.17 billion, a PE ratio of 73.77, 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.
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