A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. ADTRAN Holdings Inc’s current trading price is -34.97% away from its 52-week high, while its distance from the 52-week low is 75.11%. The stock’s price range for this time frame has been between $4.62 and $12.44. The trading volume of the company’s shares in the Technology reached around 4.13 million for the day, which was evidently higher than the average daily volume of 1.05 million over the last three months.
ADTRAN Holdings Inc’s stock has had a tumultuous market performance.
How Financial Performance Impacts Market Capitalization
ADTRAN Holdings Inc (ADTN) has experienced a quarterly rise of 2.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 647.46M and boasts a workforce of 3234 employees.
Decoding Analysts’ Ratings for ADTRAN Holdings Inc
As of right now, 4 analysts are rating ADTRAN Holdings Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 8.45, with a change in price of -0.89. Similarly, ADTRAN Holdings Inc recorded 1,047,375 in trading volume during the last 100 days, posting a change of -9.91%.
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 1.29. Similarly, the long-term debt-to-equity ratio is also 1.29.
ADTN Stock Stochastic Average
ADTRAN Holdings Inc’s raw stochastic average for the past 50 days is currently at 23.84%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 6.14%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 22.54% and 27.30%, respectively.
ADTN Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 26.01%. However, over the last six months, the performance has been stronger by -21.00%. The price of ADTN decreased -16.25% over the last 30 days. And in the last five days, it has fallen by -14.93%.
