Advent Technologies (ADN) Scheduled to Post Earnings on Monday – MarketBeat
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Advent Technologies (NASDAQ:ADN – Get Rating) is set to release its earnings data before the market opens on Monday, November 14th. Analysts expect Advent Technologies to post earnings of ($0.20) per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Advent Technologies (NASDAQ:ADN – Get Rating) last announced its quarterly earnings results on Tuesday, August 9th. The company reported ($0.22) earnings per share for the quarter, beating the consensus estimate of ($0.24) by $0.02. The firm had revenue of $2.23 million for the quarter. Advent Technologies had a negative return on equity of 38.74% and a negative net margin of 440.98%. During the same quarter in the prior year, the company earned ($0.15) earnings per share. On average, analysts expect Advent Technologies to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Advent Technologies Stock Performance
ADN stock opened at $2.07 on Monday. The company’s 50 day moving average is $2.75 and its 200 day moving average is $2.45. Advent Technologies has a 1-year low of $1.13 and a 1-year high of $10.04.
Analyst Upgrades and Downgrades
Separately, Credit Suisse Group decreased their price objective on shares of Advent Technologies from $18.00 to $17.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 25th.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of ADN. Bank of New York Mellon Corp grew its position in Advent Technologies by 25.6% during the first quarter. Bank of New York Mellon Corp now owns 62,962 shares of the company’s stock valued at $147,000 after acquiring an additional 12,819 shares during the last quarter. Bank of Montreal Can bought a new position in Advent Technologies during the first quarter valued at approximately $46,000. BlackRock Inc. grew its position in Advent Technologies by 19.4% during the first quarter. BlackRock Inc. now owns 1,752,786 shares of the company’s stock valued at $4,067,000 after acquiring an additional 285,184 shares during the last quarter. Ergoteles LLC bought a new position in Advent Technologies during the first quarter valued at approximately $184,000. Finally, American International Group Inc. boosted its stake in shares of Advent Technologies by 89.7% during the first quarter. American International Group Inc. now owns 15,851 shares of the company’s stock valued at $37,000 after purchasing an additional 7,494 shares during the period. 34.91% of the stock is currently owned by institutional investors.
About Advent Technologies
(Get Rating)
Advent Technologies Holdings, Inc, an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems.
Further Reading
- Get a free copy of the StockNews.com research report on Advent Technologies (ADN)
- The Analysts Can’t Keep Up with Arista Networks Stock
- 3 Reasons Amazon Will Deliver Better 2023 Returns
- A Turnaround is Brewing in Starbucks Stock
- Edwards Life Sciences Stock Disaster Could Be Your Bounty
- It Not All Bad News for Advanced Micro Devices Stock
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Advent Technologies, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Advent Technologies wasn’t on the list.
While Advent Technologies currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more.
As Featured By:
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.
Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.