adidas (ETR:ADS) Stock Price Down 0.8%

adidas AG (ETR:ADS)’s share price dropped 0.8% during mid-day trading on Monday . The stock traded as low as €269.65 ($313.55) and last traded at €269.80 ($313.72), approximately 508,334 shares changed hands during mid-day trading. The stock had previously closed at €272.00 ($316.28).

The firm’s fifty day moving average price is €277.46 and its 200-day moving average price is €267.67. The company has a debt-to-equity ratio of 79.40, a current ratio of 1.32 and a quick ratio of 0.72. The firm has a market capitalization of $53.49 billion and a P/E ratio of 27.88.

About adidas (ETR:ADS)

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. The company operates in 10 segments: Europe, North America Adidas, North America Reebok, Asia-Pacific, Latin America, Emerging Markets, Russia/CIS, Adidas Golf, Runtastic, and Other Centrally Managed Businesses.

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