adidas AG (OTCMKTS:ADDYY - Get Free Report) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 8,000 shares, an increase of 60.0% from the January 31st total of 5,000 shares. Based on an average daily trading volume, of 54,700 shares, the short-interest ratio is currently 0.1 days.
adidas Stock Performance
Shares of OTCMKTS ADDYY traded up $1.50 during trading on Wednesday, reaching $129.13. 60,313 shares of the company traded hands, compared to its average volume of 36,505. The company has a quick ratio of 0.78, a current ratio of 1.32 and a debt-to-equity ratio of 0.44. The firm has a 50 day simple moving average of $128.74 and a 200-day simple moving average of $124.51. adidas has a 52-week low of $100.44 and a 52-week high of $137.73. The stock has a market capitalization of $46.11 billion, a PE ratio of 99.33 and a beta of 1.18.
adidas (OTCMKTS:ADDYY - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.28). adidas had a return on equity of 7.39% and a net margin of 1.91%. Equities research analysts anticipate that adidas will post 2.27 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, Sanford C. Bernstein raised shares of adidas from a "market perform" rating to an "outperform" rating in a report on Monday, January 6th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, adidas presently has a consensus rating of "Moderate Buy".
Read Our Latest Stock Report on ADDYY
Institutional Investors Weigh In On adidas
A number of hedge funds have recently bought and sold shares of ADDYY. GAMMA Investing LLC grew its position in adidas by 13.3% in the 4th quarter. GAMMA Investing LLC now owns 897 shares of the company's stock valued at $109,000 after acquiring an additional 105 shares during the last quarter. Mar Vista Investment Partners LLC grew its stake in adidas by 2.6% in the 4th quarter. Mar Vista Investment Partners LLC now owns 29,199 shares of the company's stock worth $3,556,000 after acquiring an additional 731 shares in the last quarter. Finally, Madison Investment Advisors LLC purchased a new position in shares of adidas during the fourth quarter worth approximately $2,437,000.
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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