Adtran Networks (ETR:ADV) Stock Price Up 0.2%

Shares of Adtran Networks SE (ETR:ADV) shot up 0.2% during trading on Tuesday . The company traded as high as €19.94 ($21.21) and last traded at €19.94 ($21.21). 8,333 shares traded hands during trading, a decline of 97% from the average session volume of 238,171 shares. The stock had previously closed at €19.90 ($21.17).

Adtran Networks Stock Down 0.1 %

The company’s 50-day simple moving average is €19.98 and its two-hundred day simple moving average is €20.00. The firm has a market capitalization of $1.04 billion, a P/E ratio of 90.55, a P/E/G ratio of 0.71 and a beta of 0.51. The company has a debt-to-equity ratio of 21.89, a current ratio of 1.70 and a quick ratio of 0.73.

Adtran Networks Company Profile

Adtran Networks SE engages in the development, manufacture, and sale optical and Ethernet-based networking solutions for telecommunications carriers and enterprises to deliver data, storage, voice, and video services worldwide. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, pluggables and subsystems, and optical access solutions; packet edge and aggregation products, including carrier Ethernet and programmable multilayer edge, metro aggregation, and edge computing products; disaggregated networking, such as packet optical terminals and ensemble activators.