Adtran Networks SE (ETR:ADV – Get Free Report) dropped 0.4% during trading on Monday . The stock traded as low as €22.90 and last traded at €22.90. Approximately 4,477 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 238,171 shares. The stock had previously closed at €23.00.
Adtran Networks Stock Performance
The company has a 50 day moving average of €22.91 and a 200 day moving average of €22.39. The company has a debt-to-equity ratio of 19.86, a quick ratio of 0.73 and a current ratio of 1.90. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of -50.77, a P/E/G ratio of 0.71 and a beta of 0.08.
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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