adidas AG (ETR:ADS - Get Free Report)'s stock price dropped 1.9% during trading on Wednesday . The stock traded as low as €220.60 ($239.78) and last traded at €222.40 ($241.74). Approximately 634,920 shares traded hands during mid-day trading, The stock had previously closed at €226.80 ($246.52).
adidas Stock Performance
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 cap of $40.29 billion, a PE ratio of 105.52, a price-to-earnings-growth ratio of 0.58 and a beta of 1.15. The company's 50 day simple moving average is €246.72 and its 200 day simple moving average is €234.08.
About adidas
(
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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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