Advent Technologies Holdings Inc (ADN) Shares Plummet Below 1-Year High

The stock of Advent Technologies Holdings Inc (NASDAQ: ADN) has decreased by -11.10 when compared to last closing price of 7.30. Despite this, the company has experienced a 3.84% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-15 that ATHENS, Greece, Nov. 15, 2024 (GLOBE NEWSWIRE) — Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent “or the “Company”), is pleased to announce that George Paloumpis has rejoined the Company as the Chief of Operations in Patras, Greece. Prior to this, Mr. Paloumpis was the Director of Manufacturing.

Is It Worth Investing in Advent Technologies Holdings Inc (NASDAQ: ADN) Right Now?

ADN has 36-month beta value of 0.54. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for ADN is 2.19M, and currently, short sellers hold a 2.40% ratio of that float. The average trading volume of ADN on November 26, 2024 was 1.17M shares.

ADN’s Market Performance

The stock of Advent Technologies Holdings Inc (ADN) has seen a 3.84% increase in the past week, with a 239.79% rise in the past month, and a 106.95% gain in the past quarter. The volatility ratio for the week is 18.52%, and the volatility levels for the past 30 days are at 26.62% for ADN. The simple moving average for the past 20 days is 31.01% for ADN’s stock, with a 66.85% simple moving average for the past 200 days.

Analysts’ Opinion of ADN

Many brokerage firms have already submitted their reports for ADN stocks, with Goldman repeating the rating for ADN by listing it as a “Neutral.” The predicted price for ADN in the upcoming period, according to Goldman is $20 based on the research report published on May 18, 2021 of the previous year 2021.

Jefferies, on the other hand, stated in their research note that they expect to see ADN reach a price target of $18. The rating they have provided for ADN stocks is “Buy” according to the report published on March 19th, 2021.

ADN Trading at 102.52% from the 50-Day Moving Average

After a stumble in the market that brought ADN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.58% of loss for the given period.

Volatility was left at 26.62%, however, over the last 30 days, the volatility rate increased by 18.52%, as shares surge +252.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +221.29% upper at present.

During the last 5 trading sessions, ADN rose by +3.84%, which changed the moving average for the period of 200-days by +24.33% in comparison to the 20-day moving average, which settled at $4.95. In addition, Advent Technologies Holdings Inc saw -2.90% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for ADN

Current profitability levels for the company are sitting at:

  • -7.09 for the present operating margin
  • -1.43 for the gross margin

The net margin for Advent Technologies Holdings Inc stands at -8.28. The total capital return value is set at 35.32. Equity return is now at value -313.11, with -148.73 for asset returns.

Based on Advent Technologies Holdings Inc (ADN), the company’s capital structure generated -0.32 points at debt to capital in total, while cash flow to debt ratio is standing at -25.79. The debt to equity ratio resting at -0.24. The interest coverage ratio of the stock is -52.7.

Currently, EBITDA for the company is -53.23 million with net debt to EBITDA at -0.0. When we switch over and look at the enterprise to sales, we see a ratio of 2.46. The receivables turnover for the company is 2.86for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.44.

Conclusion

To put it simply, Advent Technologies Holdings Inc (ADN) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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