03 Feb Specialist Jon Cartu Claims – Deutsche Bank Analysts Give ADVA Optical Networking…
ADVA Optical Networking (ETR:ADV) has been given a €8.00 ($9.30) target price by Deutsche Bank in a research report issued on Friday, January 17th, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock.
Shares of ADV opened at €8.00 ($9.30) on Friday. The company has a debt-to-equity ratio of 44.42, a current ratio of 1.64 and a quick ratio of 0.96. The stock has a market cap of $399.70 million and a PE ratio of 50.00. The firm has a 50-day simple moving average of €8.09 and a two-hundred day simple moving average of €7.02. ADVA Optical Networking has a 1-year low of €5.57 ($6.48) and a 1-year high of €9.82 ($11.42).
About ADVA Optical Networking
ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to deliver data, storage, voice, and video services worldwide. It offers scalable optical transport solutions, such as FSP 3000 AgileConnect, FSP 3000 CloudConnect, and FSP 3000 AccessConnect; packet edge and aggregation products, including carrier Ethernet and programmable multilayer edge, metro aggregation, and edge computing products; and network virtualization products comprising ensemble connectors, controllers, and orchestrators, as well as operates ensemble virtualization director, a management platform for the creation and deployment of virtualized services.
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