adidas (ETR:ADS) Shares Up 0.8% – Should You Buy?

adidas AG (ETR:ADS) shares shot up 0.8% during mid-day trading on Thursday . The stock traded as high as €156.10 and last traded at €155.90. 319,113 shares traded hands during trading, The stock had previously closed at €154.70.

adidas Stock Up 0.8%

The stock has a market capitalization of $28.17 billion, a PE ratio of 73.77, a price-to-earnings-growth ratio of 0.58 and a beta of 1.20. The company has a current ratio of 1.39, a quick ratio of 0.39 and a debt-to-equity ratio of 100.37. The company’s 50-day moving average is €173.68 and its 200 day moving average is €156.59.

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.