Advent Technologies (NASDAQ:ADN) Posts Earnings Results

Advent Technologies (NASDAQ:ADN) posted its quarterly earnings results on Monday. The company reported $2.92 EPS for the quarter, FiscalAI reports. The company had revenue of $0.06 million during the quarter.

Advent Technologies Price Performance

ADN opened at $0.87 on Wednesday. The firm has a market capitalization of $3.18 million, a PE ratio of -0.14 and a beta of 0.81. The business’s 50-day moving average is $2.53 and its two-hundred day moving average is $2.65. Advent Technologies has a 1 year low of $0.90 and a 1 year high of $8.79.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ADN. Wall Street Zen raised shares of Advent Technologies to a “hold” rating in a research note on Saturday, September 13th. Weiss Ratings restated a “sell (e+)” rating on shares of Advent Technologies in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Advent Technologies presently has an average rating of “Sell”.

Advent Technologies Company Profile

Advent Technologies Holdings, Inc, an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America, Europe, and Asia. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems.