Shares of Adtran Networks SE (ETR:ADV - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of €19.69 ($20.73) and traded as high as €19.92 ($20.97). Adtran Networks shares last traded at €19.90 ($20.95), with a volume of 4,072 shares changing hands.
The company's fifty day moving average price is €19.69 and its 200-day moving average price is €19.54. 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 stock has a market capitalization of $1.04 billion, a PE ratio of -44.22, a price-to-earnings-growth ratio of 0.71 and a beta of 0.46.
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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