Adva Optical Netwo Npv (NASDAQ:ADVOF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Wednesday.

According to Zacks, “ADVA Optical Networking SE develops, manufactures and sells optical and Ethernetbased networking solutions. It serves telecommunications service providers, private companies, universities and government agencies. ADVA Optical Networking SE is headquartered in Munich, Germany. “

Adva Optical Netwo Npv (NASDAQ:ADVOF) remained flat at $7.87 during midday trading on Wednesday. The company has a market cap of $389.12 million and a P/E ratio of 21.74. The company’s 50-day moving average price is $8.99 and its 200 day moving average price is $9.10. Adva Optical Netwo Npv has a one year low of $7.66 and a one year high of $12.38.

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5 Day Chart for NASDAQ:ADVOF

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