On Tuesday, ADTRAN Holdings Inc (NASDAQ: ADTN) was -24.16% drop from the session before settling in for the closing price of $10.43. A 52-week range for ADTN has been $6.02 – $12.44.
Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -39.20%. When this article was written, the company’s average yearly earnings per share was at 141.00%. With a float of $69.44 million, this company’s outstanding shares have now reached $80.05 million.
ADTRAN Holdings Inc (ADTN) Insider Activity
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 13.26%, while institutional ownership is 86.08%.
ADTRAN Holdings Inc (ADTN) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted 0 earnings per share (EPS) during the time that was better than consensus figure (set at -0.03) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
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 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.64. Likewise, its price to free cash flow for the trailing twelve months is 5.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.32, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.46 in one year’s time.
Technical Analysis of ADTRAN Holdings Inc (ADTN)
Compared to the last year’s volume of 1.3 million, its volume of 2.83 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 54.00%.
During the past 100 days, ADTRAN Holdings Inc’s (ADTN) raw stochastic average was set at 14.71%, which indicates a significant increase from 1.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.46 in the past 14 days, which was higher than the 0.40 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.51, while its 200-day Moving Average is $9.11. Nevertheless, the first resistance level for the watch stands at $8.74 in the near term. At $9.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.00. If the price goes on to break the first support level at $7.48, it is likely to go to the next support level at $7.05. Should the price break the second support level, the third support level stands at $6.22.
ADTRAN Holdings Inc (NASDAQ: ADTN) Key Stats
There are 79,978K outstanding shares of the company, which has a market capitalization of 633.21 million. As of now, sales total 922,720 K while income totals -450,870 K. Its latest quarter income was 265,070 K while its last quarter net income were -20,530 K.
