ADVA Optical Networking (ETR:ADV) Shares Down 0.7%

Shares of ADVA Optical Networking SE (ETR:ADV) were down 0.7% on Tuesday . The stock traded as low as €8.31 ($9.66) and last traded at €8.33 ($9.69), approximately 43,719 shares traded hands during trading. A decline of 82% from the average daily volume of 238,171 shares. The stock had previously closed at €8.39 ($9.76).

The company has a debt-to-equity ratio of 44.42, a current ratio of 1.64 and a quick ratio of 0.96. The stock’s fifty day moving average is €8.09 and its 200-day moving average is €6.95. The stock has a market cap of $410.20 million and a PE ratio of 51.06.

ADVA Optical Networking Company Profile (ETR:ADV)

ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to deliver data, storage, voice, and video services worldwide. It offers scalable optical transport solutions, such as FSP 3000 AgileConnect, FSP 3000 CloudConnect, and FSP 3000 AccessConnect; packet edge and aggregation products, including carrier Ethernet and programmable multilayer edge, metro aggregation, and edge computing products; and network virtualization products comprising ensemble connectors, controllers, and orchestrators, as well as operates ensemble virtualization director, a management platform for the creation and deployment of virtualized services.

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