adidas (ETR:ADS) Trading Down 0.9% – Should You Sell?

adidas AG (ETR:ADSGet Free Report) shares traded down 0.9% on Thursday . The company traded as low as €145.95 and last traded at €146.45. Approximately 562,979 shares changed hands during trading, The stock had previously closed at €147.85.

adidas Trading Up 0.0%

The business’s 50-day simple moving average is €165.08 and its two-hundred day simple moving average is €156.21. The company has a current ratio of 1.39, a quick ratio of 0.39 and a debt-to-equity ratio of 100.37. The company has a market capitalization of $25.79 billion, a PE ratio of 67.55, a PEG ratio of 0.58 and a beta of 1.19.

adidas Company Profile

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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.

Further Reading

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