adidas AG (ETR:ADS – Get Free Report) shares dropped 1.7% on Monday . The stock traded as low as €173.40 and last traded at €174.90. 1,261,231 shares traded hands during mid-day trading, The stock had previously closed at €177.95.
adidas Stock Down 1.9%
The stock has a market cap of $30.91 billion, a P/E ratio of 80.96, a PEG ratio of 0.58 and a beta of 1.20. The company has a quick ratio of 0.39, a current ratio of 1.35 and a debt-to-equity ratio of 99.42. The business has a 50-day simple moving average of €153.96 and a 200-day simple moving average of €153.00.
About adidas
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. It sells its products through its own retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels.
Read More
- Five stocks we like better than adidas
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
Receive News & Ratings for adidas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for adidas and related companies with MarketBeat.com's FREE daily email newsletter.
