adidas (ETR:ADS) Stock Price Down 1.9% – Here’s What Happened

adidas AG (ETR:ADSGet Free Report)’s stock price was down 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 changed hands during mid-day trading, The stock had previously closed at €226.80 ($246.52).

adidas Stock Performance

The company has a quick ratio of 0.39, a current ratio of 1.32 and a debt-to-equity ratio of 108.20. The stock has a 50-day moving average of €247.37 and a 200 day moving average of €234.01. The stock has a market cap of $40.18 billion, a PE ratio of 105.24, a P/E/G ratio of 0.58 and a beta of 1.15.

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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