Adtran Networks (ETR:ADV) Shares Down 0.5% - Time to Sell?

Shares of Adtran Networks SE (ETR:ADV - Get Free Report) traded down 0.5% on Thursday . The stock traded as low as €20.50 ($23.69) and last traded at €20.50 ($23.69). 20,583 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 238,171 shares. The stock had previously closed at €20.60 ($23.80).

Adtran Networks Stock Performance

The firm has a market capitalization of $1.07 billion, a PE ratio of -45.70, a price-to-earnings-growth ratio of 0.71 and a beta of 0.46. The company has a debt-to-equity ratio of 30.03, a quick ratio of 0.73 and a current ratio of 2.34. The business's fifty day simple moving average is €20.38 and its 200-day simple moving average is €20.17.

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.