ADDvantage Technologies Group, Inc., through its subsidiaries, distributes and services electronics and hardware for the telecommunications industry in the United States and internationally. It operates through two segments, Wireless Infrastructure Services and Telecommunications. The Wireless Infrastructure Services segment provides turn-key wireless infrastructure services for U.S. wireless carriers, communication tower companies, national integrators, and original equipment manufacturers. This segment also offers installation and upgradation of technology on cell sites; and construction of new small cells for 5G. The Telecommunications segment provides central office equipment that include optical transport, switching, and data center equipment for communication networks; customer premise equipment, such as integrated access devices, channel banks, Internet protocol private branch exchange phones, and routers; and decommissioning services for surplus and obsolete telecom equipment. The company was formerly known as ADDvantage Media Group, Inc. and changed its name to ADDvantage Technologies Group, Inc. in December 1999. ADDvantage Technologies Group, Inc. was incorporated in 1989 and is headquartered in Carrollton, Texas.
ADDvantage Technologies Group Price Performance
Shares of ADDvantage Technologies Group stock opened at $1.98 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.36 and a quick ratio of 0.85. ADDvantage Technologies Group has a fifty-two week low of $1.05 and a fifty-two week high of $2.78. The business has a 50-day moving average price of $1.34 and a 200 day moving average price of $1.30.
Wall Street Analysts Forecast Growth
Separately, StockNews.com started coverage on ADDvantage Technologies Group in a report on Tuesday, August 9th. They issued a "sell" rating for the company.