Adtran Networks SE (ETR:ADV – Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of €19.69 ($20.73) and traded as high as €19.92 ($20.97). Adtran Networks shares last traded at €19.90 ($20.95), with a volume of 4,072 shares changing hands.
Adtran Networks Price Performance
The company has a debt-to-equity ratio of 30.03, a current ratio of 2.34 and a quick ratio of 0.73. The business’s fifty day simple moving average is €19.69 and its two-hundred day simple moving average is €19.54. The company has a market cap of $1.04 billion, a PE ratio of -44.22, a PEG ratio of 0.71 and a beta of 0.46.
About Adtran Networks
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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