adidas (ETR:ADS) Stock Price Up 3% – Should You Buy?

adidas AG (ETR:ADSGet Free Report)’s share price rose 3% on Wednesday . The stock traded as high as €225.20 ($247.47) and last traded at €223.30 ($245.38). Approximately 611,916 shares were traded during trading, The stock had previously closed at €216.70 ($238.13).

adidas Trading Down 11.7 %

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 firm has a market capitalization of $35.25 billion, a PE ratio of 92.32, a PEG ratio of 0.58 and a beta of 1.15. The firm’s fifty day moving average is €239.81 and its two-hundred day moving average is €233.74.

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.

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