ADTRAN Stock Trending Higher ADTN

in Trending Higher by admin — September 19, 2010 at 1:29 pm | 0 comments

 

ADTN stock pick

Adtran (NASDAQ:ADTN) traded in a range yesterday that spanned from a low of $33.26 to a high of $34.22. Yesterday’s high of the day pierced the 3-day high of $33.89 on volume of 1.1 million shares.

ADTRAN, Inc. designs, manufactures, markets and services network access solutions for communications networks. The Company maintains two operating divisions based on its product and service offerings: the Carrier Networks Division and the Enterprise Networks Division.

ADTN is the 10th most profitable stock in this Telecom Equipment Stocks segment. Its net profit margin was 16.26% for the last 12 months. Its operating profit margin was 22.50% for the same period.

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