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adidas (ETR:ADS) Shares Up 0.6% - Time to Buy?

adidas logo with Consumer Cyclical background

Key Points

  • Adidas AG's stock price increased by 0.6% during mid-day trading, reaching a high of €169.15 ($196.69) and last trading at €167.50 ($194.77).
  • The company has a market cap of $29.67 billion and a price-to-earnings ratio of 77.70, indicating its significant position in the market.
  • Adidas designs and markets a wide range of athletic and sports lifestyle products globally under various brand lines, including footwear and apparel.
  • Want stock alerts on adidas? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of adidas AG (ETR:ADS - Get Free Report) traded up 0.6% on Monday . The company traded as high as €169.15 ($196.69) and last traded at €167.50 ($194.77). 519,448 shares were traded during trading, The stock had previously closed at €166.55 ($193.66).

adidas Trading Up 1.5%

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 company has a market cap of $30.10 billion, a P/E ratio of 78.83, a price-to-earnings-growth ratio of 0.58 and a beta of 1.15. The stock has a 50-day moving average of €197.60 and a two-hundred day moving average of €215.45.

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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