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Sunday, December 3, 2023

There Is A Quest For Clarity Surrounding Advent Technologies Holdings Inc (NASDAQ: ADN) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Advent Technologies Holdings Inc (ADN) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.0113, or 2.26%, to $0.5113. The Advent Technologies Holdings Inc has recorded 2,105 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Advent Technologies Receives Funding Update for €60 Million to Launch Green HiPo IPCEI Project.

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Stocks Info

This NASDAQ-listed company operates within the Utilities – Renewable industry segment, falling under the Utilities sector. At the end of the last regular session, the stock closed at $0.50 and fluctuated between $0.5305 as its day high and $0.4908 as its day low. The current market capitalization of Advent Technologies Holdings Inc is $31.27M. A total of 0.55 million shares were traded on the day, compared to an average of 451.35K shares.

Insider trades can also provide insight into a stock’s future direction. During the recent three months, ADN has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 41,928 shares. Over the last 12 months, there were 1 BUYs and 16 SELLs from insiders. Insiders purchased 4,688 shares during that period but sold 362,492.

In the most recent transaction, Brackman Kevin L. sold 27,771 shares of ADN for 0.53 per share on Sep 06. After the transaction, the CFO now owns 176,477 company shares. In a previous transaction on Sep 06, Gregoriou Vassilios sold 14,157 shares at 0.53 per share. ADN shares that CEO, Chair owns now total 6,367,669.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for ADN in the last 3 months, the mean price target is $0.45 with high estimates of $0.45 and low estimates of $0.45. In terms of 52-week highs and lows, ADN has a high of $2.28 and a low of $0.34.

As of this writing, ADN has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0. The company reported an EPS of -$0.22 in the last quarter, which was -10.00% lower than expectations of -$0.2.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. ADN’s latest balance sheet shows that the firm has $79.76M in Cash & Short Term Investments as of fiscal 2021. There were $137.81k in debt and $18.87M in liabilities at the time. Its Book Value Per Share was $0.52, while its Total Shareholder’s Equity was $130.20M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ADN is Buy with a score of 3.00.

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