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The closing price of ADTRAN Holdings Inc (NASDAQ: ADTN) was $8.07 for the day, down -1.22% from the previous closing price of $8.17. In other words, the price has decreased by -$1.22 from its previous closing price. On the day, 1.04 million shares were traded. ADTN stock price reached its highest trading level at $8.2 during the session, while it also had its lowest trading level at $7.895.
Ratios:
Our analysis of ADTN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.28. 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 647326208 and an Enterprise Value of 1185946624. 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 2.89. Its current Enterprise Value per Revenue stands at 1.31 whereas that against EBITDA is -57.691.
Stock Price History:
Over the past 52 weeks, ADTN has reached a high of $8.26, while it has fallen to a 52-week low of $4.34. The 50-Day Moving Average of the stock is 33.93%, while the 200-Day Moving Average is calculated to be 43.22%.
Shares Statistics:
ADTN traded an average of 495.58K shares per day over the past three months and 911260 shares per day over the past ten days. A total of 78.67M shares are outstanding, with a floating share count of 73.60M. Insiders hold about 7.10% of the company’s shares, while institutions hold 80.13% stake in the company. Shares short for ADTN as of 1728950400 were 2266477 with a Short Ratio of 4.23, compared to 1726185600 on 2638643. Therefore, it implies a Short% of Shares Outstanding of 2266477 and a Short% of Float of 3.9899999999999998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.9.
