Advent Technologies (NASDAQ:ADN) Trading Down 16.5% – What’s Next?

Advent Technologies Holdings, Inc. (NASDAQ:ADN) shares fell 16.5% on Monday . The stock traded as low as $3.56 and last traded at $3.74. 30,285 shares were traded during trading, a decline of 91% from the average session volume of 326,520 shares. The stock had previously closed at $4.48.

Advent Technologies Stock Down 16.5 %

The company has a market capitalization of $9.86 million, a PE ratio of -0.14 and a beta of 0.48. The company’s 50 day moving average is $5.30 and its two-hundred day moving average is $4.24.

Advent Technologies (NASDAQ:ADN) last issued its quarterly earnings data on Friday, December 27th. The company reported ($3.65) EPS for the quarter. Advent Technologies had a negative return on equity of 442.47% and a negative net margin of 1,101.58%.

Hedge Funds Weigh In On Advent Technologies

An institutional investor recently raised its position in Advent Technologies stock. Geode Capital Management LLC grew its holdings in Advent Technologies Holdings, Inc. (NASDAQ:ADN) by 15.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,239 shares of the company’s stock after buying an additional 2,723 shares during the period. Geode Capital Management LLC owned approximately 0.77% of Advent Technologies worth $101,000 as of its most recent filing with the Securities & Exchange Commission. 17.52% of the stock is currently owned by institutional investors.

Advent Technologies Company Profile

Advent Technologies Holdings, Inc, an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America, Europe, and Asia. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems.