ADVA Optical Networking (ETR:ADV) Hits New 52-Week High at $16.20

ADVA Optical Networking SE (ETR:ADVGet Rating) hit a new 52-week high during trading on Monday . The stock traded as high as €16.20 ($17.05) and last traded at €16.00 ($16.84), with a volume of 28285 shares. The stock had previously closed at €16.00 ($16.84).

Separately, Warburg Research set a €17.50 ($18.42) target price on ADVA Optical Networking in a research note on Friday, April 29th.

The company has a market capitalization of $823.13 million and a P/E ratio of 15.28. The company has a debt-to-equity ratio of 20.77, a current ratio of 1.81 and a quick ratio of 0.99. The company has a fifty day moving average price of €15.73 and a two-hundred day moving average price of €14.76.

About ADVA Optical Networking (ETR:ADV)

ADVA Optical Networking SE engages in the development, manufacture, and sale of optical and Ethernet-based networking solutions to deliver data, storage, voice, and video services worldwide. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, pluggables and subsystems, and optical access solutions; packet edge and aggregation products, including carrier Ethernet and programmable multilayer edge, metro aggregation, and edge computing products; disaggregated networking, such as packet optical terminals and ensemble activators.

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