AdvancedAdvT (LON:ADVT) Trading Up 8% – Still a Buy?

AdvancedAdvT Limited (LON:ADVTGet Free Report) shares were up 8% on Wednesday . The company traded as high as GBX 164.90 and last traded at GBX 164.70. Approximately 7,712,451 shares traded hands during trading, an increase of 2,464% from the average daily volume of 300,826 shares. The stock had previously closed at GBX 152.50.

AdvancedAdvT Price Performance

The company has a market capitalization of £215.60 million, a P/E ratio of 20.05 and a beta of 0.14. The company has a quick ratio of 57.49, a current ratio of 3.73 and a debt-to-equity ratio of 0.24. The business’s 50-day moving average is GBX 162.71 and its two-hundred day moving average is GBX 168.21.

About AdvancedAdvT

(Get Free Report)

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. AdvancedAdvT Limited was incorporated in 2020 and is headquartered in London, the United Kingdom.

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