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Zacks Investment Research upgraded ADVA OPTICAL NETWO NPV (NASDAQ:ADVOF) to Hold in a report released today.

Yesterday ADVA OPTICAL NETWO NPV (NASDAQ:ADVOF) traded -0.89% lower at $7.80. The company’s 50-day moving average is $8.80 and its 200-day moving average is $9.00. The last stock close price is down -13.34% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 670 shares of the stock were exchanged, up from an average trading volume of 120

Zacks Investment Research has upgraded ADVA OPTICAL NETWO NPV (NASDAQ:ADVOF) to Hold in a report released on 11/30/2016.

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ADVA OPTICAL NETWO NPV (NASDAQ:ADVOF)

ADVA OPTICAL NETWO NPV has a 52 week low of $7.66 and a 52 week high of $12.38 with a P/E ratio of 21.79 The company’s market cap is currently $0.

About ADVA OPTICAL NETWO NPV (NASDAQ:ADVOF)

ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises worldwide to deliver data, storage, voice, and video services. It offers scalable optical transport solutions, such as FSP 3000, FSP 3000 ALM, and FSP 3000 CloudConnect; RAY control software, a multi-layer generalized multiprotocol label switching control plane that simplifies provisioning, monitoring, and control of network infrastructure; and carrier Ethernet solutions, including FSP 150 ProNID, FSP 150 ProVM, FSP 150vSE, FSP 150CC, FSP 150EG, ADVA 400, ADVA 500, and ADVA 1400 to develop network functions virtualization-centric networks. The company also provides network virtualization products comprising ensemble analytics, ensemble connectors, ensemble controllers, ensemble dashboards, ensemble network controllers, ensemble orchestrators, and ensemble registrars, which support pure-play virtualization, as well as FSP 150 ProVM and FSP 150vSE; timing and synchronization products; and automated network management products, such as FSP service manager, FSP network manager, and FSP network hypervisor that offers an unified platform for network operations. In addition, it offer customer services comprising professional product and technology training services, as well as industry-recognized program and project management services for servicing advanced networks. The company serves cable operators and multiple service operators, wireline carriers, mobile network operators, governments, research bodies, education institutions, content service providers, data center outsourcing and managed service providers, ISPs/IXPs, and enterprise networks directly, as well as through distribution partners worldwide. The company was founded in 1994 and is headquartered in Munich, Germany.

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