ADTRAN Holdings Inc (NASDAQ:ADTN) currently has a daily average trading volume of 1.00M but it saw 788851 shares traded in last market. With a market cap of 651.82M USD, the company’s current market price of $8.15 came rising about 1.49 while comparing to the previous closing price of $8.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.44 and as low as $4.62. In the recent trading on the day, stock has struck highest price mark of $7.88 while lowest mark touched by it was $8.21.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Craig Hallum which initiated the stock as “Buy” in its note to investors issued on January 08, 2025, recommending a price target of $15 for it. Rosenblatt upgraded its recommendation for the stock as a “Buy” from “Neutral” on November 08, 2024 while assigning a price target range of $6-$10. Northland Capital issued its recommendations for the stock as it upgraded the price target for the stock is $7.50.
Over the week, ADTN’s stock price is moving 1.24% up while it is 4.49% when we observe its performance for the past one month. Year-to-date it is -2.16% down and over the past year, the stock is showing an upside performance of 56.13%.
Currently, ADTRAN Holdings Inc’s total number of outstanding shares is 79.71M with 1.42% of that held by the insiders while 83.41% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -38.13% and return on equity (ROE) at -66.95%. It has a 23.66 of forward P/E ratio. Stock’s beta reads 1.31. Stock has a price to book (P/B) ratio of 4.68 while price to sale or P/S ratio amounts to 0.69. Its return on asset (ROA) is -10.75% on average.
