adidas (ETR:ADS) Shares Down 0.2% - Should You Sell?

Key Points

• adidas AG shares fell by 0.2% on Tuesday, with the stock trading at €166.00 ($193.02) after reaching a low of €165.85 ($192.85).
• The company has a market capitalization of $29.99 billion and a PE ratio of 78.55, indicating its current valuation compared to earnings.
• adidas operates globally, offering a range of products including footwear, apparel, and sports lifestyle accessories under various brands.

adidas AG (ETR:ADS - Get Free Report)'s share price was down 0.2% during mid-day trading on Tuesday . The stock traded as low as €165.85 ($195.12) and last traded at €166.00 ($195.29). Approximately 244,425 shares changed hands during trading, The stock had previously closed at €166.35 ($195.71).

adidas Stock Up 1.5%

The company has a market capitalization of $31.75 billion, a P/E ratio of 83.14, a price-to-earnings-growth ratio of 0.58 and a beta of 1.15. 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 firm's fifty day moving average is €184.92 and its 200-day moving average is €204.80.

adidas Company Profile

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.