adidas (ETR:ADS) Trading 0.2% Higher – Still a Buy?

adidas AG (ETR:ADSGet Free Report)’s stock price shot up 0.2% during mid-day trading on Tuesday . The stock traded as high as €256.20 ($266.88) and last traded at €255.10 ($265.73). 324,312 shares were traded during mid-day trading, The stock had previously closed at €254.50 ($265.10).

adidas Price Performance

The firm has a market capitalization of $45.28 billion, a price-to-earnings ratio of 119.62, a P/E/G ratio of 0.58 and a beta of 1.15. The company’s 50 day moving average is €235.84 and its 200-day moving average is €228.24. The company has a current ratio of 1.32, a quick ratio of 0.39 and a debt-to-equity ratio of 100.74.

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.

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