Adtran Networks (ETR:ADV) Trading Up 0.2% – What’s Next?

Adtran Networks SE (ETR:ADVGet Free Report)’s stock price rose 0.2% on Tuesday . The stock traded as high as €20.10 ($20.72) and last traded at €20.10 ($20.72). Approximately 9,066 shares changed hands during trading, a decline of 96% from the average daily volume of 238,171 shares. The stock had previously closed at €20.05 ($20.67).

Adtran Networks Stock Up 0.2 %

The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of -44.67, a price-to-earnings-growth ratio of 0.71 and a beta of 0.46. The business has a 50 day moving average of €19.96 and a 200 day moving average of €19.60. The company has a debt-to-equity ratio of 30.03, a current ratio of 2.34 and a quick ratio of 0.73.

About Adtran Networks

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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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