ADVA Optical (OTCMKTS:ADVOF - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $24.61 and last traded at $24.61, with a volume of 400 shares. The stock had previously closed at $20.56.
ADVA Optical Stock Up 19.7%
The firm has a fifty day simple moving average of $20.93 and a 200 day simple moving average of $20.72. The company has a quick ratio of 1.16, a current ratio of 2.08 and a debt-to-equity ratio of 1.41.
About ADVA Optical
(
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Adtran Networks SE engages in the development, manufacture, and sale optical and Ethernet-based networking solutions for telecommunications carriers and enterprises to deliver data, storage, voice, and video services worldwide. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, pluggables and subsystems, and optical access solutions; packet edge and aggregation products, including carrier Ethernet and programmable multilayer edge, metro aggregation, and edge computing products; disaggregated networking, such as packet optical terminals and ensemble activators.
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