Adtran Networks (ETR:ADV) Stock Price Down 0.4% – Time to Sell?

Adtran Networks SE (ETR:ADV)’s stock price was down 0.4% on Thursday . The stock traded as low as €22.30 and last traded at €22.30. Approximately 78 shares traded hands during trading, a decline of 100% from the average daily volume of 238,171 shares. The stock had previously closed at €22.40.

Adtran Networks Trading Down 0.4%

The company has a market cap of $1.15 billion, a price-to-earnings ratio of -49.23, a P/E/G ratio of 0.71 and a beta of 0.46. The company has a debt-to-equity ratio of 30.03, a quick ratio of 0.73 and a current ratio of 2.34. The firm has a fifty day moving average price of €22.01 and a 200 day moving average price of €21.60.

Adtran Networks Company Profile

Adtran Networks SE engages in the development, manufacture, and sale of optical and Ethernet-based networking solutions for telecommunications carriers and enterprises to deliver data, storage, voice, and video services. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, and pluggables and subsystems; network infrastructure assurance solutions; fiber access and aggregation solutions; and residential solutions, such as optical network terminals, mesh Wi-Fi gateways and satellites, and cloud managed Wi-Fi solutions.