AdvancedAdvT (LON:ADVT) Stock Price Up 0.8% – Should You Buy?

AdvancedAdvT Limited (LON:ADVT)’s share price was up 0.8% during mid-day trading on Friday . The company traded as high as GBX 185 and last traded at GBX 181.37. Approximately 168,788 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 189,609 shares. The stock had previously closed at GBX 180.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “buy” rating and issued a GBX 240 price target on shares of AdvancedAdvT in a research note on Tuesday, November 4th. One analyst has rated the stock with a Buy rating, According to MarketBeat, AdvancedAdvT has an average rating of “Buy” and a consensus target price of GBX 240.

AdvancedAdvT Trading Up 0.8%

The stock has a market cap of £247.43 million, a PE ratio of 22.67 and a beta of 0.52. The business has a fifty day simple moving average of GBX 173.20 and a two-hundred day simple moving average of GBX 184.02.

AdvancedAdvT (LON:ADVT) last released its quarterly earnings results on Tuesday, November 4th. The company reported GBX 5.24 earnings per share for the quarter. AdvancedAdvT had a return on equity of 1.17% and a net margin of 30.56%.

AdvancedAdvT Company Profile

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. AdvancedAdvT Limited was incorporated in 2020 and is headquartered in London, the United Kingdom.