Adtran Networks (OTCMKTS:ADVOF) Reaches New 12-Month Low at $21.57

Shares of Adtran Networks SE (OTCMKTS:ADVOFGet Free Report) reached a new 52-week low on Monday . The company traded as low as $21.57 and last traded at $21.57, with a volume of 99 shares traded. The stock had previously closed at $21.57.

Adtran Networks Price Performance

The company has a 50 day moving average of $20.96 and a 200-day moving average of $20.94. The stock has a market capitalization of $1.12 billion, a P/E ratio of 89.88 and a beta of 0.82.

About Adtran Networks

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Adtran Networks SE engages in the development, manufacture, and sale optical and Ethernet-based networking solutions for telecommunications carriers and enterprises 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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