Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -24.39%. However, over the past six months, we’ve seen a stronger performance of -31.31%. The price of ADTN leaped by -18.38% over the last 30 days. And in the last five days, it has fallen by -10.48%.
In terms of market performance, ADTRAN Holdings Inc had a fairly uneven. The highest value for the stock in the past year was $16.09 on 03/21/23, and the lowest value was recorded at $4.91 on 11/10/23.
52-week price history of ADTN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. ADTRAN Holdings Inc’s current trading price is -65.51% away from its 52-week high, while its distance from the 52-week low is 13.03%. The stock’s price range during this period has varied between$4.91 and $16.09. The ADTRAN Holdings Inc’s shares, which operate in the Technology, saw a trading volume of around 0.96 million for the day, a figure considerably higher than their average daily volume of 0.82 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
ADTRAN Holdings Inc (ADTN) has experienced a quarterly decline of -10.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 436.79M and boasts a workforce of 3307 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.44, with a change in price of -1.49. Similarly, ADTRAN Holdings Inc recorded 909,980 in trading volume during the last 100 days, posting a change of -21.16%.
ADTN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ADTN stands at 0.38. Similarly, the long-term debt-to-equity ratio is also 0.38.
ADTN Stock Stochastic Average
ADTRAN Holdings Inc’s raw stochastic average for the past 50 days is presently 5.59%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 10.33%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 31.43% and 42.82%, respectively.
