adidas (OTCMKTS:ADDYY) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Posted by Sam Norman on Apr 3rd, 2025

adidas AG (OTCMKTS:ADDYY – Get Free Report) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $128.16 and traded as low as $116.40. adidas shares last traded at $117.71, with a volume of 31,924 shares trading hands.

Analyst Ratings Changes

Separately, Sanford C. Bernstein raised adidas from a “market perform” rating to an “outperform” rating in a research note on Monday, January 6th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Get Our Latest Analysis on ADDYY

adidas Stock Performance

The company has a quick ratio of 0.78, a current ratio of 1.32 and a debt-to-equity ratio of 0.44. The company has a 50-day moving average of $127.64 and a 200-day moving average of $124.35. The company has a market cap of $42.80 billion, a PE ratio of 92.20 and a beta of 1.18.

Hedge Funds Weigh In On adidas

Institutional investors have recently modified their holdings of the business. Mar Vista Investment Partners LLC increased its position in shares of adidas by 2.6% during the 4th quarter. Mar Vista Investment Partners LLC now owns 29,199 shares of the company’s stock valued at $3,556,000 after purchasing an additional 731 shares during the last quarter. Madison Investment Advisors LLC purchased a new position in adidas in the fourth quarter valued at about $2,437,000. Finally, GAMMA Investing LLC increased its stake in shares of adidas by 13.3% during the 4th quarter. GAMMA Investing LLC now owns 897 shares of the company’s stock worth $109,000 after purchasing an additional 105 shares during the last quarter.

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.