Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. ADTRAN Holdings Inc’s current trading price is -53.66% away from its 52-week high, while its distance from the 52-week low is 17.67%. The stock’s price range during this period has varied between $4.34 and $11.02. The company, active in the Technology sector, saw a trading volume of around 2.02 million for the day, considerably higher average daily volume of 0.75 million observed over the last three months.
ADTRAN Holdings Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $11.02 on 06/16/23, and the lowest price during that time was $4.34, recorded on 05/01/24.
How Financial Performance Impacts Market Capitalization
ADTRAN Holdings Inc (ADTN) has experienced a quarterly decline of -22.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 404.07M and boasts a workforce of 3227 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.04, with a change in price of -1.11. Similarly, ADTRAN Holdings Inc recorded 783,994 in trading volume during the last 100 days, posting a change of -17.90%.
How ADTN’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ADTN stands at 0.39. Similarly, the long-term debt-to-equity ratio is also 0.38.
ADTN Stock Stochastic Average
As of today, the raw stochastic average of ADTRAN Holdings Inc over the past 50 days is 33.11%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 53.96%. Additionally, the Stochastic %K and %D values for the company were 46.04% and 38.09%, respectively, over the past 20 days.
ADTN Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -30.42%. However, over the past six months, we’ve seen a stronger performance of -29.95%. The price of ADTN fallen by 1.13% over the last 30 days. And in the last five days, it has surged by 16.60%.
