AdvancedAdvT (LON:ADVT) Stock Price Down 2% – Should You Sell?

AdvancedAdvT Limited (LON:ADVTGet Free Report) shares fell 2% on Monday . The stock traded as low as GBX 186.20 ($2.50) and last traded at GBX 186.20 ($2.50). 112,437 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 218,823 shares. The stock had previously closed at GBX 190 ($2.55).

AdvancedAdvT Stock Down 2.0%

The company’s fifty day simple moving average is GBX 194.27 and its two-hundred day simple moving average is GBX 171.50. The company has a market capitalization of £254.03 million, a price-to-earnings ratio of 2,327.50 and a beta of 0.52.

AdvancedAdvT (LON:ADVTGet Free Report) last posted its earnings results on Monday, June 30th. The company reported GBX 8 earnings per share for the quarter. AdvancedAdvT had a net margin of 30.56% and a return on equity of 1.17%.

AdvancedAdvT Company Profile

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AdvancedAdvT Limited does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share or debt purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Marwyn Acquisition Company I Limited and changed its name to AdvancedAdvT Limited in March 2021.

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