ADVA Optical Networking (ETR:ADV) Given a €17.00 Price Target at Warburg Research

Warburg Research set a €17.00 ($19.32) price target on ADVA Optical Networking (ETR:ADV) in a research report sent to investors on Wednesday, Borsen Zeitung reports.

ADVA Optical Networking stock opened at €13.42 ($15.25) on Wednesday. The company has a quick ratio of 1.18, a current ratio of 1.87 and a debt-to-equity ratio of 25.34. ADVA Optical Networking has a 12-month low of €7.96 ($9.05) and a 12-month high of €15.48 ($17.59). The firm’s fifty day moving average is €13.20 and its 200 day moving average is €12.79. The company has a market capitalization of $679.79 million and a PE ratio of 12.54.

About ADVA Optical Networking

ADVA Optical Networking SE engages in the development, manufacture, and sale of optical and Ethernet-based networking solutions 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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