Weiss Ratings Reiterates “Sell (D-)” Rating for Advantage Solutions (NASDAQ:ADV)

by · The Cerbat Gem

Advantage Solutions (NASDAQ:ADV – Get Free Report)‘s stock had its “sell (d-)” rating restated by stock analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Advantage Solutions Stock Performance

Shares of ADV opened at $1.52 on Wednesday. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 2.43. The business’s 50 day moving average price is $1.71 and its 200-day moving average price is $1.49. Advantage Solutions has a 52 week low of $1.04 and a 52 week high of $4.04. The stock has a market cap of $495.44 million, a P/E ratio of -1.62 and a beta of 2.17.

Institutional Trading of Advantage Solutions

Hedge funds have recently made changes to their positions in the stock. Cornerstone Wealth Management LLC bought a new stake in shares of Advantage Solutions in the 1st quarter worth approximately $25,000. Creative Planning bought a new stake in shares of Advantage Solutions in the 2nd quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Advantage Solutions in the 2nd quarter worth approximately $31,000. Private Wealth Management Group LLC bought a new stake in shares of Advantage Solutions in the 2nd quarter worth approximately $35,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of Advantage Solutions by 143.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 35,394 shares of the company’s stock worth $47,000 after purchasing an additional 20,841 shares in the last quarter. 49.82% of the stock is owned by institutional investors.

About Advantage Solutions

(Get Free Report)

Advantage Solutions Inc provides business solutions to consumer goods manufacturers and retailers in North America and internationally. It operates in two segments, Sales and Marketing. The Sales segment offers brand-centric services, such as headquarter relationship management; analytics, insights, and intelligence; and brand-centric merchandising services.

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