's stock had its "sell (d-)" rating reaffirmed by analysts at
Weiss Ratings in a research note issued to investors on Wednesday,
Weiss Ratings reports.
Advantage Solutions Stock Performance
ADV stock traded up $0.06 during midday trading on Wednesday, reaching $1.52. The company had a trading volume of 158,917 shares, compared to its average volume of 659,825. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 2.43. The stock has a 50 day moving average price of $1.71 and a 200 day moving average price of $1.49. Advantage Solutions has a fifty-two week low of $1.04 and a fifty-two week high of $4.04. The firm has a market capitalization of $493.81 million, a PE ratio of -1.62 and a beta of 2.17.
Hedge Funds Weigh In On Advantage Solutions
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Empowered Funds LLC boosted its stake in Advantage Solutions by 4.0% in the first quarter. Empowered Funds LLC now owns 1,769,040 shares of the company's stock valued at $2,671,000 after acquiring an additional 68,177 shares during the period. Contrarian Capital Management L.L.C. boosted its stake in Advantage Solutions by 13.5% in the first quarter. Contrarian Capital Management L.L.C. now owns 1,451,140 shares of the company's stock valued at $2,191,000 after acquiring an additional 173,000 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Advantage Solutions by 63.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,048,305 shares of the company's stock valued at $1,583,000 after acquiring an additional 408,802 shares during the period. Mosaic Family Wealth Partners LLC boosted its position in shares of Advantage Solutions by 17.4% during the second quarter. Mosaic Family Wealth Partners LLC now owns 505,000 shares of the company's stock worth $667,000 after buying an additional 75,000 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in shares of Advantage Solutions by 22.7% during the first 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 during the period. 49.82% of the stock is currently owned by institutional investors and hedge funds.
About Advantage Solutions
(
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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.
See Also
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