adidas (ETR:ADS) Stock Jumps 1.7% – Time to Buy?

adidas AG (ETR:ADS – Get Free Report)’s stock price traded up 1.7% during trading on Thursday. The stock traded as high as €163.20 and last traded at €160.75. Approximately 909,133 shares were traded during trading, The stock had previously closed at €158.10.

adidas Trading Down 0.9%

The company has a quick ratio of 0.39, a current ratio of 1.39 and a debt-to-equity ratio of 100.37. The stock’s fifty day moving average price is €149.39 and its two-hundred day moving average price is €157.38. The company has a market capitalization of $28.46 billion, a PE ratio of 74.53, a price-to-earnings-growth ratio of 0.58 and a beta of 1.17.

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.

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