ADTRAN Holdings Inc (NASDAQ:ADTN) shares, rose in value on Thursday, March 27, with the stock price down by -0.22% to the previous day’s close as strong demand from buyers drove the stock to $9.22.
Actively observing the price movement in the last trading, the stock closed the session at $9.24, falling within a range of $8.9 and $9.31. The value of beta (5-year monthly) was 1.29. Referring to stock’s 52-week performance, its high was $12.44, and the low was $4.34. On the whole, ADTN has fluctuated by -13.10% over the past month.
With the market capitalization of ADTRAN Holdings Inc currently standing at about $736.31 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.04B, with a low estimate of 244.6M and a high estimate of 245.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 245.15M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ADTN’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of ADTN currently trading nearly -1.69% and -9.36% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.21, while the 7-day volatility ratio is showing 4.04% which for the 30-day chart, stands at 5.85%. Furthermore, ADTRAN Holdings Inc (ADTN)’s beta value is 1.44, and its average true range (ATR) is 0.51.
A comparison of ADTRAN Holdings Inc (ADTN) with its peers suggests the former has fared considerably weaker in the market. ADTN showed an intraday change of -0.22% in last session, and over the past year, it grew by 73.63%%.
Data on historical trading for ADTRAN Holdings Inc (NASDAQ:ADTN) indicates that the trading volumes over the past 10 days have averaged 1.04 and over the past 3 months, they’ve averaged 1.22 million. According to company’s latest data on outstanding shares, there are 79.22 million shares outstanding.
Nearly 13.98% of ADTRAN Holdings Inc’s shares belong to company insiders and institutional investors own 77.16% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.46 million shares as on 2025-03-14, resulting in a short ratio of 0.99. According to the data, the short interest in ADTRAN Holdings Inc (ADTN) stood at 254.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 1.09 million. The stock has risen by 10.68% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ADTN stock heading into the next quarter.
