ADTRAN Holdings Inc (ADTN)’s Market Momentum: Closing Strong at 8.12, Down -3.33

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As of close of business last night, ADTRAN Holdings Inc’s stock clocked out at $8.12, down -3.33% from its previous closing price of $8.40. In other words, the price has decreased by -$3.33 from its previous closing price. On the day, 0.92 million shares were traded. ADTN stock price reached its highest trading level at $8.865 during the session, while it also had its lowest trading level at $8.025.

Ratios:

To gain a deeper understanding of ADTN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.48. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 1.01.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Rosenblatt on November 08, 2024, Upgraded its rating to Buy and sets its target price to $10 from $6 previously.

On May 08, 2024, Northland Capital Upgraded its rating to Outperform which previously was Market Perform but kept the price unchanged to $7.50.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADTN now has a Market Capitalization of 643963904 and an Enterprise Value of 1190145536. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 3.00. Its current Enterprise Value per Revenue stands at 1.315 whereas that against EBITDA is -53.543.

Stock Price History:

Over the past 52 weeks, ADTN has reached a high of $9.21, while it has fallen to a 52-week low of $4.34. The 50-Day Moving Average of the stock is 9.51%, while the 200-Day Moving Average is calculated to be 37.80%.

Shares Statistics:

It appears that ADTN traded 580.80K shares on average per day over the past three months and 527030 shares per day over the past ten days. A total of 78.97M shares are outstanding, with a floating share count of 73.67M. Insiders hold about 7.10% of the company’s shares, while institutions hold 76.45% stake in the company. Shares short for ADTN as of 1732838400 were 1218264 with a Short Ratio of 2.10, compared to 1730332800 on 2097247. Therefore, it implies a Short% of Shares Outstanding of 1218264 and a Short% of Float of 2.1399999999999997.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.9.

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