Adtran Networks SE (ETR:ADV – Get Free Report)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of €23.09 and traded as low as €22.90. Adtran Networks shares last traded at €23.00, with a volume of 1,336 shares traded.
Adtran Networks Trading Down 2.2%
The firm’s 50-day simple moving average is €23.09 and its 200-day simple moving average is €22.88. The firm has a market capitalization of $1.16 billion, a PE ratio of -49.45, a price-to-earnings-growth ratio of 0.71 and a beta of 0.06. The company has a quick ratio of 0.73, a current ratio of 1.90 and a debt-to-equity ratio of 10.91.
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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