Adtran Networks SE (ETR:ADV – Get Free Report)’s stock price shot up 0.4% during trading on Monday . The company traded as high as €23.20 and last traded at €23.20. 7,294 shares changed hands during trading, a decline of 97% from the average session volume of 238,171 shares. The stock had previously closed at €23.10.
Adtran Networks Price Performance
The company’s fifty day simple moving average is €22.99 and its 200-day simple moving average is €22.72. The firm has a market capitalization of $1.21 billion, a PE ratio of -51.44, a price-to-earnings-growth ratio of 0.71 and a beta of 0.07. The company has a debt-to-equity ratio of 11.59, a current ratio of 2.02 and a quick ratio of 0.73.
About Adtran Networks
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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