Advantage Solutions' (ADV) "Sell (D-)" Rating Reaffirmed at Weiss Ratings

Key Points

• Advantage Solutions' stock has been reaffirmed with a "sell (D-)" rating by Weiss Ratings, highlighting ongoing concerns about the company's performance.
• As of Friday, shares of Advantage Solutions traded at $1.49, with a 12-month low of $1.04 and a high of $4.04, showing significant volatility.
• Institutional investors own nearly 50% of Advantage Solutions' stock, with several major firms such as Charles Schwab and Empowered Funds increasing their holdings recently.

Advantage Solutions (NASDAQ:ADV - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by equities researchers at Weiss Ratings in a research note issued on Friday,Weiss Ratings reports.

Advantage Solutions Price Performance

Shares of ADV stock traded up $0.04 during trading hours on Friday, hitting $1.49. The company had a trading volume of 106,801 shares, compared to its average volume of 643,523. Advantage Solutions has a 12 month low of $1.04 and a 12 month high of $4.04. The firm has a market capitalization of $484.04 million, a price-to-earnings ratio of -1.58 and a beta of 2.17. The firm's fifty day moving average is $1.68 and its 200 day moving average is $1.49. The company has a debt-to-equity ratio of 2.43, a quick ratio of 1.96 and a current ratio of 1.96.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Empowered Funds LLC boosted its holdings in shares of Advantage Solutions by 4.0% in the 1st quarter. Empowered Funds LLC now owns 1,769,040 shares of the company's stock worth $2,671,000 after acquiring an additional 68,177 shares in the last quarter. Contrarian Capital Management L.L.C. boosted its holdings in shares of Advantage Solutions by 13.5% in the 1st quarter. Contrarian Capital Management L.L.C. now owns 1,451,140 shares of the company's stock worth $2,191,000 after acquiring an additional 173,000 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Advantage Solutions by 63.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,048,305 shares of the company's stock worth $1,583,000 after acquiring an additional 408,802 shares in the last quarter. Mosaic Family Wealth Partners LLC boosted its holdings in shares of Advantage Solutions by 17.4% in the 2nd quarter. Mosaic Family Wealth Partners LLC now owns 505,000 shares of the company's stock worth $667,000 after acquiring an additional 75,000 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in Advantage Solutions by 22.7% during the 1st quarter. Russell Investments Group Ltd. now owns 469,684 shares of the company's stock worth $709,000 after buying an additional 86,922 shares in the last quarter. 49.82% of the stock is owned by institutional investors and hedge funds.

About Advantage Solutions

Advantage Solutions Inc provides business solutions to consumer goods manufacturers and retailers in North America and internationally. It operates in two segments, Sales and Marketing. The Sales segment offers brand-centric services, such as headquarter relationship management; analytics, insights, and intelligence; and brand-centric merchandising services.

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