Adtran Networks (ETR:ADV) Stock Price Down 0.5% – Time to Sell?

Adtran Networks SE (ETR:ADV) fell 0.5% during mid-day trading on Tuesday . The company traded as low as €21.80 and last traded at €21.80. 13,474 shares were traded during mid-day trading, a decline of 94% from the average session volume of 238,171 shares. The stock had previously closed at €21.90.

Adtran Networks Trading Down 0.5%

The stock has a market capitalization of $1.13 billion, a P/E ratio of -48.12, a P/E/G ratio of 0.71 and a beta of 0.46. The company has a quick ratio of 0.73, a current ratio of 2.34 and a debt-to-equity ratio of 30.03. The firm’s 50 day simple moving average is €21.72 and its two-hundred day simple moving average is €21.24.

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.