Quarterly Snapshot: Quick and Current Ratios for Advent Technologies Holdings Inc (ADN)

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The closing price of Advent Technologies Holdings Inc (NASDAQ: ADN) was $0.15 for the day, down -7.45% from the previous closing price of $0.16. In other words, the price has decreased by -$7.45 from its previous closing price. On the day, 0.92 million shares were traded. ADN stock price reached its highest trading level at $0.1638 during the session, while it also had its lowest trading level at $0.15.

Ratios:

Our analysis of ADN’s different ratios will help us gain a deeper understanding of the company. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 11772968 and an Enterprise Value of 16932734. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.22 while its Price-to-Book (P/B) ratio in mrq is 0.29. Its current Enterprise Value per Revenue stands at 3.189 whereas that against EBITDA is -0.378.

Stock Price History:

Over the past 52 weeks, ADN has reached a high of $1.13, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is -17.25%, while the 200-Day Moving Average is calculated to be -60.01%.

Shares Statistics:

ADN traded an average of 1.20M shares per day over the past three months and 416010 shares per day 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 8.52% stake in the company. Shares short for ADN as of 1713139200 were 2499540 with a Short Ratio of 2.09, compared to 1710460800 on 3157313. Therefore, it implies a Short% of Shares Outstanding of 2499540 and a Short% of Float of 3.8599998.

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