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AdvancedAdvT (LON:ADVT) Stock Price Down 4.1% - Should You Sell?

AdvancedAdvT logo with Financial Services background

Key Points

  • AdvancedAdvT Limited's stock dropped 4.1% to GBX 177.50 ($2.39), with trading volume increasing by 50% to 339,544 shares.
  • The company has a market capitalization of £242.16 million, a remarkably high P/E ratio of 2,218.75, and a low return on equity of 1.17%.
  • AdvancedAdvT, which focuses on mergers and acquisitions, does not have significant operations and was formerly known as Marwyn Acquisition Company I Limited.
  • MarketBeat previews top five stocks to own in October.

AdvancedAdvT Limited (LON:ADVT - Get Free Report) shares traded down 4.1% on Wednesday . The company traded as low as GBX 176.55 ($2.37) and last traded at GBX 177.50 ($2.39). 339,544 shares changed hands during trading, an increase of 50% from the average session volume of 225,707 shares. The stock had previously closed at GBX 185 ($2.49).

AdvancedAdvT Stock Performance

The stock has a market capitalization of £242.16 million, a P/E ratio of 2,218.75 and a beta of 0.52. The stock's fifty day simple moving average is GBX 187.67 and its two-hundred day simple moving average is GBX 167.34.

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

AdvancedAdvT Company Profile

(Get Free Report)

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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