Adtran Networks (ETR:ADV) Stock Price Down 0.1%

Adtran Networks SE (ETR:ADV)’s stock price was down 0.1% during mid-day trading on Friday . The company traded as low as €19.76 ($21.25) and last traded at €19.78 ($21.27). Approximately 8,040 shares were traded during trading, a decline of 97% from the average daily volume of 238,171 shares. The stock had previously closed at €19.80 ($21.29).

Adtran Networks Stock Down 0.1 %

The company has a market cap of $1.03 billion, a price-to-earnings ratio of -70.64, a P/E/G ratio of 0.71 and a beta of 0.51. The firm has a 50-day moving average price of €19.92 and a 200 day moving average price of €19.98. The company has a debt-to-equity ratio of 11.67, a current ratio of 2.46 and a quick ratio of 0.73.

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.