Adtran Networks SE (ETR:ADV – Get Free Report) traded down 0.5% on Thursday. The company traded as low as €21.30 and last traded at €21.40. 1,296 shares traded hands during trading, a decline of 99% from the average daily volume of 238,171 shares. The stock had previously closed at €21.50.
Adtran Networks Trading Down 0.5%
The company has a current ratio of 1.90, a quick ratio of 0.73 and a debt-to-equity ratio of 10.91. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of -47.24, a PEG ratio of 0.71 and a beta of 0.06. The firm has a 50-day moving average price of €22.54 and a 200-day moving average price of €22.81.
Adtran Networks Company Profile
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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