Adtran Networks (ETR:ADV) Shares Down 0.1%

Shares of Adtran Networks SE (ETR:ADVGet Free Report) traded down 0.1% during trading on Tuesday . The stock traded as low as €19.94 ($21.44) and last traded at €19.96 ($21.46). 16,573 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 238,171 shares. The stock had previously closed at €19.98 ($21.48).

Adtran Networks Stock Down 0.1 %

The company has a current ratio of 1.70, a quick ratio of 0.73 and a debt-to-equity ratio of 21.89. The firm has a market cap of $1.04 billion, a PE ratio of 90.73, a P/E/G ratio of 0.71 and a beta of 0.49. The business’s 50-day simple moving average is €20.01 and its 200 day simple moving average is €20.01.

About Adtran Networks

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Adtran Networks SE engages in the development, manufacture, and sale optical and Ethernet-based networking solutions for telecommunications carriers and enterprises to deliver data, storage, voice, and video services worldwide. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, pluggables and subsystems, and optical access solutions; packet edge and aggregation products, including carrier Ethernet and programmable multilayer edge, metro aggregation, and edge computing products; disaggregated networking, such as packet optical terminals and ensemble activators.

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