AdvancedAdvT (LON:ADVT) Posts Quarterly Earnings Results

AdvancedAdvT (LON:ADVT) announced its earnings results on Monday. The company reported GBX 3 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The business had revenue of GBX 5,340 million during the quarter. AdvancedAdvT had a net margin of 11.98% and a return on equity of 3.04%.

AdvancedAdvT Stock Down 4.2%

LON:ADVT opened at GBX 150.65 on Monday. The company has a quick ratio of 57.49, a current ratio of 3.73 and a debt-to-equity ratio of 0.24. AdvancedAdvT has a 12-month low of GBX 139 and a 12-month high of GBX 215. The stock’s fifty day simple moving average is GBX 158.17 and its 200-day simple moving average is GBX 163.53. The firm has a market capitalization of £200.17 million, a P/E ratio of 18.83 and a beta of 0.14.

About AdvancedAdvT

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.