Advent Technologies (NASDAQ:ADN) Posts Quarterly Earnings Results

Advent Technologies (NASDAQ:ADN) announced its quarterly earnings results on Friday. The company reported ($3.65) EPS for the quarter, Zacks reports. Advent Technologies had a negative return on equity of 442.47% and a negative net margin of 828.45%.

Advent Technologies Stock Performance

Shares of ADN traded up $0.05 on Friday, reaching $5.10. The stock had a trading volume of 1,235 shares, compared to its average volume of 332,349. The firm has a market capitalization of $13.44 million, a price-to-earnings ratio of -0.20 and a beta of 0.43. The company has a 50-day simple moving average of $4.71 and a 200-day simple moving average of $3.63. Advent Technologies has a 12-month low of $1.71 and a 12-month high of $9.52.

About Advent Technologies

Advent Technologies Holdings, Inc, an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America, Europe, and Asia. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems.