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adidas (ETR:ADS) Stock Price Down 1.8% - Here's What Happened

adidas logo with Consumer Cyclical background

adidas AG (ETR:ADS - Get Free Report)'s share price traded down 1.8% on Wednesday . The stock traded as low as €253.90 ($264.48) and last traded at €255.20 ($265.83). 365,555 shares were traded during trading, The stock had previously closed at €259.80 ($270.63).

adidas Stock Down 0.4 %

The company has a market capitalization of $44.43 billion, a price-to-earnings ratio of 116.36, a price-to-earnings-growth ratio of 0.58 and a beta of 1.15. The firm's 50 day moving average price is €246.61 and its two-hundred day moving average price is €231.65. The company has a current ratio of 1.32, a quick ratio of 0.39 and a debt-to-equity ratio of 108.20.

adidas Company Profile

(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.

Further Reading

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