Adtran Networks (ETR:ADV) Stock Price Down 1.9% - Should You Sell?

Adtran Networks SE (ETR:ADV - Get Free Report) shares fell 1.9% on Thursday . The company traded as low as €20.30 ($23.88) and last traded at €20.40 ($24.00). 9,727 shares were traded during trading, a decline of 96% from the average session volume of 238,171 shares. The stock had previously closed at €20.80 ($24.47).

Adtran Networks Stock Performance

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 firm has a 50-day moving average of €20.52 and a 200-day moving average of €20.25. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of -45.03, a P/E/G ratio of 0.71 and a beta of 0.46.

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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