adidas (ETR:ADS) Stock Price Up 3.1% – Time to Buy?

adidas AG (ETR:ADSGet Free Report) shares rose 3.1% during mid-day trading on Wednesday . The company traded as high as €223.70 ($251.35) and last traded at €223.60 ($251.24). Approximately 425,177 shares were traded during trading, The stock had previously closed at €216.90 ($243.71).

adidas Stock Up 0.1%

The company has a debt-to-equity ratio of 108.20, a current ratio of 1.32 and a quick ratio of 0.39. The company has a market capitalization of $40.44 billion, a P/E ratio of 105.90, a P/E/G ratio of 0.58 and a beta of 1.15. The stock has a 50-day moving average price of €210.44 and a 200-day moving average price of €228.38.

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.

Further Reading

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