Advantage Solutions Inc. (NASDAQ:ADV - Get Free Report) shares were down 2.6% during mid-day trading on Monday . The company traded as low as $1.72 and last traded at $1.72. Approximately 97,036 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 713,966 shares. The stock had previously closed at $1.76.
Analyst Ratings Changes
Separately, Canaccord Genuity Group lowered their price target on Advantage Solutions from $5.50 to $3.50 and set a "buy" rating on the stock in a report on Tuesday, March 11th.
Read Our Latest Stock Analysis on ADV
Advantage Solutions Stock Down 6.6 %
The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.81. The firm has a market capitalization of $477.29 million, a PE ratio of -3.62 and a beta of 1.66. The business's 50-day moving average price is $2.33 and its 200-day moving average price is $2.93.
Hedge Funds Weigh In On Advantage Solutions
Several institutional investors and hedge funds have recently modified their holdings of ADV. CIBC Asset Management Inc acquired a new stake in Advantage Solutions during the fourth quarter valued at $30,000. Humankind Investments LLC bought a new stake in shares of Advantage Solutions in the 4th quarter valued at approximately $31,000. Dynamic Technology Lab Private Ltd bought a new position in Advantage Solutions during the fourth quarter valued at approximately $33,000. Forum Financial Management LP bought a new position in shares of Advantage Solutions during the 4th quarter valued at $34,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Advantage Solutions in the 4th quarter valued at $39,000. 49.82% of the stock is currently owned by hedge funds and other institutional investors.
Advantage Solutions Company Profile
(
Get Free Report)
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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