ADD stock plunges to 52-week low of $0.8 amid steep annual decline

Published 28/03/2025, 15:48
ADD stock plunges to 52-week low of $0.8 amid steep annual decline

In a stark reflection of investor sentiment, China Advanced Construction Materials Group Inc. (ADD) stock has tumbled to a 52-week low of $0.8, with a market capitalization now at just $2.4 million. InvestingPro analysis indicates the stock’s RSI suggests oversold territory. This latest price level underscores a precipitous drop over the past year, with the stock experiencing a staggering 1-year change of -96.11%. The severe downturn in ADD’s market value has alarmed shareholders and market analysts alike, as the company grapples with challenges including negative EBITDA of -$22.8 million and concerning financial health metrics. InvestingPro analysis suggests the stock is currently undervalued, with 13 additional ProTips available to subscribers examining the company’s financial position and market dynamics.

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