Advent Technologies Stock to Reverse Split on Friday, May 31st (NASDAQ:ADN)

Shares of Advent Technologies Holdings, Inc. (NASDAQ:ADN) are going to reverse split on the morning of Friday, May 31st. The 1-30 reverse split was announced on Wednesday, May 1st. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, May 31st.

Advent Technologies Price Performance

Shares of Advent Technologies stock opened at $3.33 on Monday. Advent Technologies has a 1 year low of $2.77 and a 1 year high of $33.90. The stock has a market cap of $6.93 million, a price-to-earnings ratio of -0.06 and a beta of 0.17. The firm’s 50-day moving average is $0.71 and its two-hundred day moving average is $0.42.

Institutional Trading of Advent Technologies

An institutional investor recently bought a new position in Advent Technologies stock. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Advent Technologies Holdings, Inc. (NASDAQ:ADN) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 355,687 shares of the company’s stock, valued at approximately $64,000. Mirae Asset Global Investments Co. Ltd. owned 0.57% of Advent Technologies at the end of the most recent quarter. 17.52% of the stock is currently owned by hedge funds and other institutional investors.

About Advent Technologies

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.