adidas (ETR:ADS) Shares Climb 1.7% – Time to Buy?

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

adidas Stock Up 1.7%

The company has a current ratio of 1.39, a quick ratio of 0.39 and a debt-to-equity ratio of 100.37. The stock has a market capitalization of $29.04 billion, a PE ratio of 76.07, a P/E/G ratio of 0.58 and a beta of 1.17. The stock’s fifty day simple moving average is €149.40 and its 200-day simple moving average is €157.37.

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.

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.