Daily Progress: Advent Technologies Holdings Inc (ADN) Drop -6.87, Closing at 0.11

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, Advent Technologies Holdings Inc (NASDAQ: ADN) closed at $0.11 down -6.87% from its previous closing price of $0.12. In other words, the price has decreased by -$6.87 from its previous closing price. On the day, 1.46 million shares were traded. ADN stock price reached its highest trading level at $0.121 during the session, while it also had its lowest trading level at $0.1042.

Ratios:

For a deeper understanding of Advent Technologies Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.27.

On March 19, 2021, Jefferies started tracking the stock assigning a Buy rating and target price of $18.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 06 ’23 when Brackman Kevin L. sold 27,771 shares for $0.53 per share. The transaction valued at 14,746 led to the insider holds 176,477 shares of the business.

Gregoriou Vassilios sold 14,157 shares of ADN for $7,517 on Sep 06 ’23. The CEO, Chair now owns 6,367,669 shares after completing the transaction at $0.53 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADN now has a Market Capitalization of 8317182 and an Enterprise Value of 14150095. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 0.20. Its current Enterprise Value per Revenue stands at 2.665 whereas that against EBITDA is -0.316.

Stock Price History:

The Beta on a monthly basis for ADN is 0.17, which has changed by -0.8486842 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, ADN has reached a high of $1.13, while it has fallen to a 52-week low of $0.11. The 50-Day Moving Average of the stock is -40.46%, while the 200-Day Moving Average is calculated to be -70.32%.

Shares Statistics:

For the past three months, ADN has traded an average of 1.22M shares per day and 709560 over the past ten days. A total of 77.62M shares are outstanding, with a floating share count of 63.35M. Insiders hold about 18.39% of the company’s shares, while institutions hold 8.98% stake in the company. Shares short for ADN as of 1713139200 were 2499540 with a Short Ratio of 2.06, compared to 1710460800 on 3157313. Therefore, it implies a Short% of Shares Outstanding of 2499540 and a Short% of Float of 3.8599998.

Earnings Estimates

On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.31. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$1.05 and -$1.05 for the fiscal current year, implying an average EPS of -$1.05. EPS for the following year is -$0.02, with 1.0 analysts recommending between -$0.02 and -$0.02.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for ADN’s current fiscal year. The highest revenue estimate was $4M, while the lowest revenue estimate was $4M, resulting in an average revenue estimate of $4M. In the same quarter a year ago, actual revenue was $7.84MBased on 1 analysts’ estimates, the company’s revenue will be $112.24M in the next fiscal year. The high estimate is $112.24M and the low estimate is $112.24M.

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