Advent Technologies Holdings Inc (ADN): The stock short term indicators tell us to Buy today

Advent Technologies Holdings Inc (ADN) saw an uptrend of 17.27% in the recent trading with $5.16 being its most recent. The current price level -41.30% lower than the highest price of $8.79 marked by the stock while trading over the past 52-weeks, whereas it is 201.75% higher than the lowest price of $1.71 the company dropped to over past 52-weeks. The latest news story on ADN appeared in (GlobeNewswire) under the title “Advent Technologies Pursuing Trailblazing Initiatives in Space”.

Squeezing the time span to 30 day period shows us the stock is currently trading -16.50% below one month high and is +194.84% above of the lowest during that time. Looking into the simple moving average, Advent Technologies Holdings Inc (ADN)’s stock stands at a SMA-50 of $2.51 while that of 5-day is reading $4.80.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and ADN’s SMA-200 as of now is $3.93.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Hold by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.

Advent Technologies Holdings Inc Earnings – What Happened With ADN

Coming around sales and income figures on ADN Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

ADN – Advent Technologies Holdings Inc Stock Earnings Estimates

Company’s EPS for the last quarter was -2.4.

Advent Technologies Holdings Inc – Insider Activity and Holdings

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 2.67 million. ADN does have institutional investors; and they hold 7.56% of the stock.

As on 2024-06-30, BLACKROCK INC. was the top most holder in Advent Technologies Holdings Inc (NASDAQ:ADN) with an ownership of 18484.0 shares of the company or 0.7017 of the stake worth $56376.0. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 0.6405 of the outstanding shares. Its stake is worth $51463.0 for having 16873.0 shares in hand.

GEODE CAPITAL MANAGEMENT, LLC also came holding a key position in the company during the recent quarter and it now holds 0.614 of the outstanding shares. With this there are now 20.0 institutions which have possession in ADN’s shares.

Key Metrics forADN

Technical Analysis of Advent Technologies Holdings Inc (NASDAQ:ADN) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Advent Technologies Holdings Inc (ADN), we notice that the stock’s 20-day average volume is at 2,544,395 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 1,055,490 shares. And to end, ADN’s 100-day average volume is 544,589 shares with 50% of the long-term indicators pointing towards Buy for the stock.

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