Adtran Networks (ETR:ADV) Trading 0.2% Higher

Adtran Networks SE (ETR:ADV)’s share price traded up 0.2% during trading on Tuesday . The company traded as high as €19.94 ($21.21) and last traded at €19.94 ($21.21). 8,333 shares traded hands during trading, a decline of 97% from the average session volume of 238,171 shares. The stock had previously closed at €19.90 ($21.17).

Adtran Networks Stock Performance

The business has a 50 day moving average of €19.99 and a 200 day moving average of €20.00. The company has a market capitalization of $1.04 billion, a P/E ratio of 90.64, a price-to-earnings-growth ratio of 0.71 and a beta of 0.51. The company has a quick ratio of 0.73, a current ratio of 1.70 and a debt-to-equity ratio of 21.89.

Adtran Networks Company Profile

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.