adidas (ETR:ADS) Trading Down 0.9% - What's Next?

Key Points

• adidas AG's stock price decreased by 0.9% on Wednesday, trading last at €187.00 ($217.44) after reaching a low of €185.90 ($216.16).
• The company has a debt-to-equity ratio of 108.20 and a market capitalization of $33.79 billion.
• adidas specializes in designing, developing, producing, and marketing athletic and sports lifestyle products across multiple global regions.

adidas AG (ETR:ADS - )'s stock price dropped 0.9% on Wednesday . The stock traded as low as €185.90 ($216.16) and last traded at €187.00 ($217.44). Approximately 276,891 shares changed hands during trading, The stock had previously closed at €188.75 ($219.48).

adidas Stock Down 0.9%

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 market capitalization of $33.79 billion, a price-to-earnings ratio of 88.49, a P/E/G ratio of 0.58 and a beta of 1.15. The firm's fifty day simple moving average is €176.18 and its 200 day simple moving average is €194.89.

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.

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