A share of Advent Technologies Holdings Inc. (NASDAQ:ADN) closed at $0.84 per share on Tuesday, down from $0.88 day before. While Advent Technologies Holdings Inc. has underperformed by -4.34%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ADN fell by -69.16%, with highs and lows ranging from $4.26 to $0.55, whereas the simple moving average fell by -40.27% in the last 200 days.
On May 18, 2021, Goldman Downgraded Advent Technologies Holdings Inc. (NASDAQ: ADN) to Neutral.
Analysis of Advent Technologies Holdings Inc. (ADN)
Further, the quarter-over-quarter decrease in sales is -23.10%, showing a negative trend in the upcoming months.
Advent Technologies Holdings Inc.’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of -95.40% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.60, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and ADN is registering an average volume of 627.97K. On a monthly basis, the volatility of the stock is set at 9.52%, whereas on a weekly basis, it is put at 8.22%, with a gain of 0.89% over the past seven days. Furthermore, long-term investors anticipate a median target price of $9.35, showing growth from the present price of $0.84, which can serve as yet another indication of whether ADN is worth investing in or should be passed over.
How Do You Analyze Advent Technologies Holdings Inc. Shares?
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 13.80%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 24.70% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in ADN shares?
The recent increase in stakes in ADN appears to be a result of several institutional investors and hedge funds increasing their positions. BNP Paribas Asset Management UK L’s position in ADN has increased by 0.77% in the first quarter. The company now owns 5,592,069 shares of the stock, with a value of $3.29 million, following the purchase of 42,496 additional shares during the last quarter. During the last quarter, the company picked up 0 additional shares for a total stake of worth $0.77 million, bringing number of shares owned by the company to 1,303,623.
During the first quarter, Prince Street Capital Management added a 370,000 position in ADN. BlackRock Fund Advisors sold an additional 74543.0 shares in the last quarter, decreasing its holdings by -10.45%, now holding 0.64 million shares worth $0.38 million. At the end of the first quarter, Abaris Investment Management AG increased its ADN holdings by 1,600.00% and now holds 0.51 million ADN shares valued at $0.3 million with the added 0.48 million shares during the period. ADN shares are owned by institutional investors to the tune of 24.70% at present.