AdvancedAdvT (LON:ADVT) Posts Quarterly Earnings Results

AdvancedAdvT (LON:ADVT) announced its quarterly earnings data on Monday. The company reported GBX 3 EPS for the quarter, Digital Look Earnings reports. AdvancedAdvT had a return on equity of 4.16% and a net margin of 9.46%.

AdvancedAdvT Stock Up 3.2%

Shares of ADVT traded up GBX 5 during midday trading on Friday, reaching GBX 160. The stock had a trading volume of 239,025 shares, compared to its average volume of 273,720. The company has a market cap of £212.60 million, a price-to-earnings ratio of 20.00 and a beta of 0.15. The company’s fifty day simple moving average is GBX 157.27 and its two-hundred day simple moving average is GBX 163.03. AdvancedAdvT has a 1-year low of GBX 139 and a 1-year high of GBX 215. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.73 and a quick ratio of 57.49.

AdvancedAdvT Company Profile

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.