Advantage Solutions (NASDAQ:ADV) Announces Earnings Results

Advantage Solutions (NASDAQ:ADV) issued its earnings results on Friday. The company reported ($0.55) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.67), Zacks reports. Advantage Solutions had a negative return on equity of 7.58% and a negative net margin of 3.32%.

Advantage Solutions Stock Down 8.6 %

ADV traded down $0.20 during trading on Friday, hitting $2.16. 189,011 shares of the company’s stock traded hands, compared to its average volume of 689,148. The stock has a market capitalization of $691.55 million, a price-to-earnings ratio of -5.33 and a beta of 1.66. The company’s 50 day simple moving average is $2.62 and its two-hundred day simple moving average is $3.15. Advantage Solutions has a 12-month low of $2.14 and a 12-month high of $4.95. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 1.81.

About Advantage Solutions

Advantage Solutions Inc provides business solutions to consumer goods manufacturers and retailers in North America and internationally. It operates in two segments, Sales and Marketing. The Sales segment offers brand-centric services, such as headquarter relationship management; analytics, insights, and intelligence; and brand-centric merchandising services.