Adtran Networks (ETR:ADV) Stock Price Down 0.2% – Here’s What Happened

Adtran Networks SE (ETR:ADVGet Free Report) shares fell 0.2% on Tuesday . The stock traded as low as €20.15 ($21.67) and last traded at €20.15 ($21.67). 14,759 shares changed hands during trading, a decline of 94% from the average session volume of 238,171 shares. The stock had previously closed at €20.20 ($21.72).

Adtran Networks Trading Down 0.2 %

The company has a debt-to-equity ratio of 30.03, a current ratio of 2.34 and a quick ratio of 0.73. The stock’s 50-day moving average is €20.14 and its two-hundred day moving average is €19.86. The company has a market cap of $1.04 billion, a P/E ratio of -44.48, a P/E/G ratio of 0.71 and a beta of 0.46.

About Adtran Networks

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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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