adidas AG (OTCMKTS:ADDYY) Receives Consensus Rating of "Moderate Buy" from Analysts

adidas AG (OTCMKTS:ADDYY - Get Free Report) has received an average rating of "Moderate Buy" from the six ratings firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

Separately, Sanford C. Bernstein raised adidas from a "market perform" rating to an "outperform" rating in a research note on Monday, January 6th.

adidas Price Performance

Shares of OTCMKTS:ADDYY traded down $1.10 during trading on Friday, reaching $119.89. The company had a trading volume of 27,179 shares, compared to its average volume of 37,972. The company has a fifty day moving average of $128.62 and a two-hundred day moving average of $124.39. The company has a current ratio of 1.32, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44. adidas has a 12 month low of $103.71 and a 12 month high of $137.73. The stock has a market capitalization of $42.81 billion, a P/E ratio of 92.22 and a beta of 1.18.

Institutional Trading of adidas

Large investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its position in shares of adidas by 13.3% in the 4th quarter. GAMMA Investing LLC now owns 897 shares of the company's stock worth $109,000 after purchasing an additional 105 shares during the period. Mar Vista Investment Partners LLC raised its stake in adidas by 2.6% in the fourth quarter. Mar Vista Investment Partners LLC now owns 29,199 shares of the company's stock worth $3,556,000 after buying an additional 731 shares in the last quarter. Finally, Madison Investment Advisors LLC purchased a new stake in adidas in the fourth quarter worth about $2,437,000.

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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.