AdvancedAdvT (LON:ADVT) Trading Up 0.2% – Here’s Why

AdvancedAdvT Limited (LON:ADVT)’s stock price traded up 0.2% during mid-day trading on Friday . The stock traded as high as GBX 171.40 and last traded at GBX 170.37. 227,994 shares were traded during mid-day trading, an increase of 31% from the average session volume of 174,608 shares. The stock had previously closed at GBX 170.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating and set a GBX 240 target price on shares of AdvancedAdvT in a research report on Tuesday, November 4th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, AdvancedAdvT has an average rating of “Buy” and a consensus target price of GBX 240.

AdvancedAdvT Trading Up 0.2%

The firm has a 50 day moving average of GBX 176.49 and a two-hundred day moving average of GBX 183.30. The stock has a market capitalization of £232.43 million, a PE ratio of 21.30 and a beta of 0.52.

AdvancedAdvT (LON:ADVT) last posted its earnings results on Tuesday, November 4th. The company reported GBX 5.24 EPS for the quarter. AdvancedAdvT had a return on equity of 1.17% and a net margin of 30.56%.

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.