Adtran Networks SE (ETR:ADV - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of €19.69 ($20.30) and traded as high as €19.92 ($20.54). Adtran Networks shares last traded at €19.90 ($20.52), with a volume of 4,072 shares trading hands.
Adtran Networks Stock Performance
The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of -44.22, a PEG ratio of 0.71 and a beta of 0.46. The company's 50-day simple moving average is €19.70 and its 200-day simple moving average is €19.54. The company has a current ratio of 2.34, a quick ratio of 0.73 and a debt-to-equity ratio of 30.03.
About Adtran Networks
(
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Adtran Networks SE engages in the development, manufacture, and sale of optical and Ethernet-based networking solutions for telecommunications carriers and enterprises to deliver data, storage, voice, and video services. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, and pluggables and subsystems; network infrastructure assurance solutions; fiber access and aggregation solutions; and residential solutions, such as optical network terminals, mesh Wi-Fi gateways and satellites, and cloud managed Wi-Fi solutions.
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