Adtran Networks (OTCMKTS:ADVOF) Reaches New 52-Week Low at $21.57

Adtran Networks SE (OTCMKTS:ADVOFGet Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $21.57 and last traded at $21.57, with a volume of 0 shares changing hands. The stock had previously closed at $21.57.

Adtran Networks Stock Performance

The company has a 50 day moving average of $21.29 and a 200-day moving average of $21.06. The firm has a market capitalization of $1.12 billion, a P/E ratio of 89.88 and a beta of 0.82.

About Adtran Networks

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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.

Further Reading

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