On Tuesday, ADTRAN Holdings Inc (NASDAQ: ADTN) was 0.35% up from the session before settling in for the closing price of $5.78. A 52-week range for ADTN has been $4.34 – $8.02.
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During the last 5-year period, the sales growth of Technology Sector giant was 20.21%. When this article was written, the company’s average yearly earnings per share was at 81.03%. With a float of $73.60 million, this company’s outstanding shares have now reached $78.67 million.
Let’s determine the extent of company efficiency that accounts for 3227 employees. In terms of profitability, gross margin is 33.88%, operating margin of -17.1%, and the pretax margin is -54.74%.
ADTRAN Holdings Inc (ADTN) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward ADTRAN Holdings Inc stocks. The insider ownership of ADTRAN Holdings Inc is 7.11%, while institutional ownership is 77.84%.
ADTRAN Holdings Inc (ADTN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 81.03% 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
You can see what ADTRAN Holdings Inc (ADTN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.08, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach 0.20 in one year’s time.
Technical Analysis of ADTRAN Holdings Inc (ADTN)
Looking closely at ADTRAN Holdings Inc (NASDAQ: ADTN), its last 5-days average volume was 0.41 million, which is a drop from its year-to-date volume of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 36.74%. Additionally, its Average True Range was 0.24.
During the past 100 days, ADTRAN Holdings Inc’s (ADTN) raw stochastic average was set at 51.31%, which indicates a significant increase from 43.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.19% in the past 14 days, which was lower than the 57.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.51, while its 200-day Moving Average is $5.72. However, in the short run, ADTRAN Holdings Inc’s stock first resistance to watch stands at $5.86. Second resistance stands at $5.91. The third major resistance level sits at $6.00. If the price goes on to break the first support level at $5.72, it is likely to go to the next support level at $5.63. Now, if the price goes above the second support level, the third support stands at $5.58.
ADTRAN Holdings Inc (NASDAQ: ADTN) Key Stats
There are 79,117K outstanding shares of the company, which has a market capitalization of 459.53 million. As of now, sales total 1,149 M while income totals -267,690 K. Its latest quarter income was 225,990 K while its last quarter net income were -49,870 K.
