Adtran Networks (ETR:ADV) Shares Down 0.5% - Should You Sell?

Key Points

• Adtran Networks SE shares experienced a decline of 0.5%, trading at €20.50 ($24.12), with a significant drop in trading volume by 92% compared to the average.
• The company has a market cap of $1.06 billion and a price-to-earnings ratio of -45.26, indicating challenging profitability metrics.
• Adtran specializes in developing and selling optical and Ethernet-based networking solutions for telecommunications carriers and enterprises.

Adtran Networks SE (ETR:ADV - )'s stock price fell 0.5% on Friday . The company traded as low as €20.50 ($24.12) and last traded at €20.50 ($24.12). 19,230 shares traded hands during trading, a decline of 92% from the average session volume of 238,171 shares. The stock had previously closed at €20.60 ($24.24).

Adtran Networks Price Performance

The company has a market cap of $1.06 billion, a price-to-earnings ratio of -45.26, 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's 50 day moving average price is €20.59 and its 200 day moving average price is €20.31.

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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