Advanced Drainage (Germany) Today

6DA Stock  EUR 125.40  2.80  2.18%   

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Advanced Drainage is trading at 125.40 as of the 27th of November 2024. This is a 2.18 percent decrease since the beginning of the trading day. The stock's lowest day price was 125.2. Advanced Drainage has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Advanced Drainage Systems are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of May 2023 and ending today, the 27th of November 2024. Click here to learn more.
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the underground construction and infrastructure marketplace in the United States and internationally. The company has 81.23 M outstanding shares. More on Advanced Drainage Systems

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Advanced Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Advanced Drainage's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Advanced Drainage or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
PresidentDarin Harvey
Business ConcentrationRubber & Plastics, Consumer Cyclical (View all Sectors)
Advanced Drainage Systems (6DA) is traded on Frankfurt Exchange in Germany and employs 5,635 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.62 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Advanced Drainage's market, we take the total number of its shares issued and multiply it by Advanced Drainage's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Advanced Drainage Systems classifies itself under Consumer Cyclical sector and is part of Rubber & Plastics industry. The entity has 81.23 M outstanding shares. Advanced Drainage Systems has accumulated about 8.89 M in cash with 274.89 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16.
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Ownership Allocation
Advanced Drainage holds a total of 81.23 Million outstanding shares. The majority of Advanced Drainage Systems outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Advanced Drainage Systems to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Advanced Drainage. Please pay attention to any change in the institutional holdings of Advanced Drainage Systems as this could imply that something significant has changed or is about to change at the company. Also note that nearly two million one hundred ninety-three thousand three hundred two invesors are currently shorting Advanced Drainage expressing very little confidence in its future performance.
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Advanced Drainage Systems Risk Profiles

Although Advanced Drainage's alpha and beta are two of the key measurements used to evaluate Advanced Drainage's performance over the market, the standard measures of volatility play an important role as well.

Advanced Stock Against Markets

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Advanced Drainage Corporate Management

Elected by the shareholders, the Advanced Drainage's board of directors comprises two types of representatives: Advanced Drainage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Advanced. The board's role is to monitor Advanced Drainage's management team and ensure that shareholders' interests are well served. Advanced Drainage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Advanced Drainage's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Information and Resources on Investing in Advanced Stock

When determining whether Advanced Drainage Systems is a strong investment it is important to analyze Advanced Drainage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Advanced Drainage's future performance. For an informed investment choice regarding Advanced Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Please note, there is a significant difference between Advanced Drainage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Drainage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Drainage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.