AdvancedAdvT’s (ADVT) Buy Rating Reiterated at Shore Capital

AdvancedAdvT (LON:ADVT)‘s stock had its “buy” rating reissued by Shore Capital in a research note issued to investors on Tuesday,London Stock Exchange reports. They presently have a GBX 240 price target on the stock. Shore Capital’s price objective indicates a potential upside of 29.03% from the stock’s current price.

AdvancedAdvT Stock Down 2.1%

Shares of ADVT traded down GBX 4 during mid-day trading on Tuesday, hitting GBX 186. 514,873 shares of the company’s stock traded hands, compared to its average volume of 217,593. AdvancedAdvT has a 1 year low of GBX 126.50 and a 1 year high of GBX 215. The firm has a market capitalization of £253.75 million, a P/E ratio of 23.25 and a beta of 0.52. The business’s 50-day moving average price is GBX 187.37 and its 200-day moving average price is GBX 177.70.

About AdvancedAdvT

AdvancedAdvT Limited does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share or debt purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Marwyn Acquisition Company I Limited and changed its name to AdvancedAdvT Limited in March 2021.