Adtran Networks (ETR:ADV) Stock Price Up 0.2% – Should You Buy?

Adtran Networks SE (ETR:ADVGet Free Report) shares were up 0.2% during trading on Tuesday . The company traded as high as €20.10 ($20.72) and last traded at €20.10 ($20.72). Approximately 9,066 shares were traded during mid-day 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 Price Performance

The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of -44.67, a PEG ratio of 0.71 and a beta of 0.46. 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 50 day moving average price of €19.96 and a 200 day moving average price of €19.60.

Adtran Networks Company Profile

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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.

Further Reading

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