AdvancedAdvT (LON:ADVT) Shares Down 1% – Should You Sell?

by · The Cerbat Gem

Shares of AdvancedAdvT Limited (LON:ADVT – Get Free Report) were down 1% during mid-day trading on Thursday . The stock traded as low as GBX 170 and last traded at GBX 173.25. Approximately 143,351 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 205,499 shares. The stock had previously closed at GBX 175.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “buy” rating and set a GBX 240 price target on shares of AdvancedAdvT in a report on Tuesday, November 4th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 240.

Read Our Latest Stock Analysis on AdvancedAdvT

AdvancedAdvT Stock Down 4.6%

The company has a fifty day simple moving average of GBX 180.48 and a 200-day simple moving average of GBX 183.23. The firm has a market cap of £227.83 million, a P/E ratio of 20.88 and a beta of 0.52.

AdvancedAdvT (LON:ADVT – Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The company reported GBX 5.24 earnings per share (EPS) for the quarter. AdvancedAdvT had a return on equity of 1.17% and a net margin of 30.56%.

About AdvancedAdvT

(Get Free Report)

AdvancedAdvT Limited does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share or debt purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Marwyn Acquisition Company I Limited and changed its name to AdvancedAdvT Limited in March 2021. AdvancedAdvT Limited was incorporated in 2020 and is headquartered in London, the United Kingdom.

Further Reading