adidas (ETR:ADS) Trading 3% Higher – Should You Buy?

adidas AG (ETR:ADSGet Free Report) was up 3% during trading on Wednesday . The stock traded as high as €225.20 ($244.78) and last traded at €223.30 ($242.72). Approximately 611,916 shares traded hands during mid-day trading, The stock had previously closed at €216.70 ($235.54).

adidas Trading Up 3.0 %

The company has a debt-to-equity ratio of 108.20, a quick ratio of 0.39 and a current ratio of 1.32. The stock has a 50-day simple moving average of €241.83 and a two-hundred day simple moving average of €234.00. The firm has a market cap of $40.35 billion, a PE ratio of 105.66, a price-to-earnings-growth ratio of 0.58 and a beta of 1.15.

adidas Company Profile

(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.

Recommended Stories

Receive News & Ratings for adidas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for adidas and related companies with MarketBeat.com's FREE daily email newsletter.