Adtran Networks SE (ETR:ADV – Get Free Report) dropped 1.4% on Thursday. The stock traded as low as €21.10 and last traded at €21.60. 8,728 shares were traded during trading, a decline of 96% from the average session volume of 238,171 shares. The stock had previously closed at €21.90.
Adtran Networks Stock Down 1.4%
The firm has a 50-day moving average of €22.11 and a two-hundred day moving average of €22.61. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of -47.68, a PEG ratio of 0.71 and a beta of 0.06. The company has a current ratio of 1.90, a quick ratio of 0.73 and a debt-to-equity ratio of 10.91.
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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