ADTRAN Holdings Inc (NASDAQ: ADTN) kicked off on Friday, down -4.65% from the previous trading day, before settling in for the closing price of $4.95. Over the past 52 weeks, ADTN has traded in a range of $4.86-$11.44.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 20.21%. While this was happening, its average annual earnings per share was recorded 95.25%. With a float of $73.48 million, this company’s outstanding shares have now reached $78.67 million.
Considering the fact that the conglomerate employs 3227 people, you should pay attention to its efficiency factor.
ADTRAN Holdings Inc (ADTN) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of ADTRAN Holdings Inc is 6.63%, while institutional ownership is 82.13%.
ADTRAN Holdings Inc (ADTN) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 29.76 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 95.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.30% during the next five years compared to -53.24% drop over the previous five years of trading.
ADTRAN Holdings Inc (NASDAQ: ADTN) Trading Performance Indicators
Take a look at ADTRAN Holdings Inc’s (ADTN) current performance indicators. Last quarter, stock had a quick ratio of 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.34, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.35 in one year’s time.
Technical Analysis of ADTRAN Holdings Inc (ADTN)
Compared to the last year’s volume of 0.75 million, its volume of 0.74 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 7.92%. Additionally, its Average True Range was 0.24.
During the past 100 days, ADTRAN Holdings Inc’s (ADTN) raw stochastic average was set at 0.68%, which indicates a significant decrease from 2.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.49% in the past 14 days, which was lower than the 51.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.83, while its 200-day Moving Average is $7.23. Nevertheless, the first resistance level for the watch stands at $4.87 in the near term. At $5.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.10. If the price goes on to break the first support level at $4.64, it is likely to go to the next support level at $4.55. Now, if the price goes above the second support level, the third support stands at $4.41.
ADTRAN Holdings Inc (NASDAQ: ADTN) Key Stats
The company with the Market Capitalisation of 371.46 million has total of 79,116K Shares Outstanding. Its annual sales at the moment are 1,149 M in contrast with the sum of -267,690 K annual income. Company’s last quarter sales were recorded 225,480 K and last quarter income was -127,160 K.
