Adtran Networks (ETR:ADV) Stock Price Down 0.4% – Here’s What Happened

Shares of Adtran Networks SE (ETR:ADVGet Free Report) fell 0.4% on Monday . The company traded as low as €22.90 and last traded at €22.90. 4,477 shares were traded during mid-day trading, a decline of 98% from the average session volume of 238,171 shares. The stock had previously closed at €23.00.

Adtran Networks Price Performance

The stock has a market capitalization of $1.19 billion, a P/E ratio of -50.55, a PEG ratio of 0.71 and a beta of 0.08. The business has a fifty day simple moving average of €22.90 and a 200-day simple moving average of €22.38. The company has a debt-to-equity ratio of 19.86, a quick ratio of 0.73 and a current ratio of 1.90.

Adtran Networks Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Adtran Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adtran Networks and related companies with MarketBeat.com's FREE daily email newsletter.