Advent Technologies Holdings Inc (NASDAQ: ADN) is -20.33% lower on its value in year-to-date trading and has touched a low of $0.15 and a high of $1.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ADN stock was last observed hovering at around $0.20 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.18, the stock is -9.08% and -3.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing -9.21% at the moment leaves the stock -61.48% off its SMA200. ADN registered -87.41% loss for a year compared to 6-month loss of -61.41%. The firm has a 50-day simple moving average (SMA 50) of $3.88 and a 200-day simple moving average (SMA200) of -$0.45.
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The stock witnessed a 4.41% gain in the last 1 month and extending the period to 3 months gives it a -42.65%, and is -17.63% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.41% over the week and 14.18% over the month.
Advent Technologies Holdings Inc (ADN) has around 175 employees, a market worth around $12.87M and $5.31M in sales. Profit margin for the company is -1756.87%. Distance from 52-week low is 16.01% and -88.90% from its 52-week high. The company has generated returns on investments over the last 12 months (-225.58%).
Advent Technologies Holdings Inc quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -14.70% this year, but quarterly earnings will post -49.00% year-over-year.
40 institutions hold shares in Advent Technologies Holdings Inc (ADN), with institutional investors hold 15.80% of the company’s shares. The shares outstanding are 72.53M, and float is at 55.77M with Short Float at 7.79%. Institutions hold 11.77% of the Float.
The top institutional shareholder in the company is BNP Paribas Asset Management Holding S.A. with over 5.46 million shares valued at $3.22 million. The investor’s holdings represent 9.11% of the ADN Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 1.29 million shares valued at $0.76 million to account for 2.16% of the shares outstanding. The other top investors are Prince Street Capital Management LLC which holds 0.7 million shares representing 1.17% and valued at over $2.14 million, while Blackrock Inc. holds 0.93% of the shares totaling 0.56 million with a market value of $0.33 million.
Advent Technologies Holdings Inc (ADN) Insider Activity
The most recent transaction is an insider sale by Brackman Kevin L., the company’s CFO. SEC filings show that Brackman Kevin L. sold 27,771 shares of the company’s common stock on Sep 06 ’23 at a price of $0.53 per share for a total of $14746.0. Following the sale, the insider now owns 0.18 million shares.
Advent Technologies Holdings Inc disclosed in a document filed with the SEC on Sep 06 ’23 that Gregoriou Vassilios (CEO, Chair) sold a total of 14,157 shares of the company’s common stock. The trade occurred on Sep 06 ’23 and was made at $0.53 per share for $7517.0. Following the transaction, the insider now directly holds 6.37 million shares of the ADN stock.
