AdvancedAdvT (LON:ADVT) Hits New 1-Year High - Here's What Happened

Key Points

• AdvancedAdvT Limited's stock reached a new 52-week high on Thursday, trading at GBX 215 ($2.92).
• The company reported a quarterly earnings per share (EPS) of GBX 8 ($0.11) with a net margin of 30.56% and a return on equity of 1.17%.
• AdvancedAdvT focuses on mergers and acquisitions, and has a market cap of £331.30 million with a high price-to-earnings ratio of 231.35.

AdvancedAdvT Limited (LON:ADVT - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as GBX 215 ($2.92) and last traded at GBX 208.63 ($2.83), with a volume of 1108342 shares trading hands. The stock had previously closed at GBX 202.50 ($2.75).

AdvancedAdvT Stock Performance

The business's 50 day moving average is GBX 179.87 and its 200-day moving average is GBX 162.20. The stock has a market cap of £331.30 million, a price-to-earnings ratio of 231.35 and a beta of 0.52.

AdvancedAdvT (LON:ADVT - Get Free Report) last released its quarterly earnings results on Monday, June 30th. The company reported GBX 8 ($0.11) earnings per share (EPS) for the quarter. AdvancedAdvT had a net margin of 30.56% and a return on equity of 1.17%.

About AdvancedAdvT

AdvancedAdvT Limited does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share or debt purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Marwyn Acquisition Company I Limited and changed its name to AdvancedAdvT Limited in March 2021.

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