Shares of Adtran Networks SE (OTCMKTS:ADVOF – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $20.19 and last traded at $20.19, with a volume of 12500 shares traded. The stock had previously closed at $21.40.
Adtran Networks Trading Down 5.7 %
The firm has a market capitalization of $1.05 billion, a PE ratio of 84.13 and a beta of 0.84. The business has a 50 day moving average price of $21.40 and a 200-day moving average price of $21.34.
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.
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