Advantage Solutions Inc. (NASDAQ:ADV – Get Rating) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $1.70 and last traded at $1.86, with a volume of 88810 shares trading hands. The stock had previously closed at $1.89.
Analysts Set New Price Targets
A number of analysts recently weighed in on the stock. Morgan Stanley lowered their price objective on shares of Advantage Solutions from $4.00 to $3.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 4th. The Goldman Sachs Group upped their price objective on shares of Advantage Solutions from $2.60 to $2.90 and gave the stock a “neutral” rating in a research note on Friday, March 3rd.
Advantage Solutions Trading Down 2.7 %
The company’s fifty day moving average is $2.38 and its two-hundred day moving average is $2.51. The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.93 and a current ratio of 1.93. The company has a market cap of $586.31 million, a price-to-earnings ratio of -0.42 and a beta of 1.52.
Institutional Inflows and Outflows
Advantage Solutions Company Profile
Advantage Solutions Inc provides outsourced solutions to consumer goods companies and retailers in North America and internationally. It operates in two segments, Sales and Marketing. The Sales segment offers brand-centric services, such as headquarter relationship management; analytics, insights, and intelligence; administration; and brand-centric merchandising services.
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