Stock Surge: ADTRAN Holdings Inc (ADTN) Closes at 9.14, Marking a -0.65 Increase/Decrease

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In the latest session, ADTRAN Holdings Inc (NASDAQ: ADTN) closed at $9.14 down -0.65% from its previous closing price of $9.2. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 0.85 million shares were traded. ADTN stock price reached its highest trading level at $9.22 during the session, while it also had its lowest trading level at $9.05.

Ratios:

For a deeper understanding of ADTRAN Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.75. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 2.02. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.56.

On January 08, 2025, Craig Hallum started tracking the stock assigning a Buy rating and target price of $15.

Rosenblatt Upgraded its Neutral to Buy on November 08, 2024, whereas the target price for the stock was revised from $6 to $10.

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 731498944 and an Enterprise Value of 1253115648. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 5.25. Its current Enterprise Value per Revenue stands at 1.327 whereas that against EBITDA is 39.055.

Stock Price History:

The Beta on a monthly basis for ADTN is 1.30, which has changed by 0.46709466 over the last 52 weeks, in comparison to a change of 0.10611236 over the same period for the S&P500. Over the past 52 weeks, ADTN has reached a high of $12.44, while it has fallen to a 52-week low of $4.62. The 50-Day Moving Average of the stock is 9.58%, while the 200-Day Moving Average is calculated to be 8.50%.

Shares Statistics:

For the past three months, ADTN has traded an average of 935.27K shares per day and 1074940 over the past ten days. A total of 79.71M shares are outstanding, with a floating share count of 68.86M. Insiders hold about 13.96% of the company’s shares, while institutions hold 81.60% stake in the company. Shares short for ADTN as of 1749772800 were 1825895 with a Short Ratio of 2.27, compared to 1747267200 on 1976847. Therefore, it implies a Short% of Shares Outstanding of 1825895 and a Short% of Float of 2.31.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.9.

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