Adtran Networks SE (ETR:ADV – Get Free Report)’s share price was down 1.3% during mid-day trading on Thursday. The company traded as low as €22.00 and last traded at €22.00. Approximately 1,642 shares were traded during trading, a decline of 99% from the average session volume of 238,171 shares. The stock had previously closed at €22.30.
Adtran Networks Stock Down 1.3%
The stock has a market capitalization of $1.14 billion, a PE ratio of -48.57, a PEG ratio of 0.71 and a beta of 0.06. The firm’s fifty day moving average is €22.93 and its 200-day moving average is €22.88. The company has a quick ratio of 0.73, a current ratio of 1.90 and a debt-to-equity ratio of 10.91.
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.
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