Adtran Networks SE (ETR:ADV – Get Free Report) was up 0.3% during mid-day trading on Wednesday . The stock traded as high as €20.10 ($20.51) and last traded at €20.05 ($20.46). Approximately 7,841 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 238,171 shares. The stock had previously closed at €20.00 ($20.41).
Adtran Networks Price Performance
The company has a current ratio of 2.34, a quick ratio of 0.73 and a debt-to-equity ratio of 30.03. The company has a market cap of $1.04 billion, a price-to-earnings ratio of -44.56, a P/E/G ratio of 0.71 and a beta of 0.46. The business has a 50-day moving average price of €19.85 and a 200 day moving average price of €19.55.
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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