Adma Biologics Inc (NASDAQ:ADMA) currently has a daily average trading volume of 2.78M but it saw 1712829 shares traded in last market. With a market cap of 1.43B USD, the company’s current market price of $6.28 came falling about -1.10 while comparing to the previous closing price of $6.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.76 and as low as $3.06.
Taking a look at 20-day trading activity of Adma Biologics Inc (ADMA) gives us an average price of $6.30, while its current price level is -7.10% below from 52-week high level whereas it is 105.23% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.72 while that of 200 days or SMA-200 reads an average of $4.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.89% during that period while stretching the period over a month that increases to 3.73%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 55.30 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Raymond James which resumed the stock as “Strong Buy” in its note to investors issued on July 19, 2023, recommending a price target of $5 for it. Raymond James issued its recommendations for the stock as it upgraded the price target for the stock is $5.
Over the week, ADMA’s stock price is moving -6.82% down while it is 8.28% when we observe its performance for the past one month. Year-to-date it is 38.94% up and over the past year, the stock is showing an upside performance of 89.16%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of -$0.08 beaten by the consensus estimate of $0.02 for the same. For ADMA, analysts are forecasting an EPS-growth rate of 330.80% for current year and estimate for EPS growth in next year is 66.70%. In next quarter, company is expected to be making quarterly sales of $81.27 million as analysts are expecting the sales for current fiscal year at $333.87 million and seeing the company making $389.87 million in sales next year. Moreover, analysts are in estimates of $77.27 million for current-quarter revenue.
Currently, Adma Biologics Inc’s total number of outstanding shares is 226.06M with 2.50% of that held by the insiders while 77.30% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -10.25% and return on equity (ROE) at -19.67%. It has a 12.56 of forward P/E ratio. Stock’s beta reads 0.43. Stock has a price to book (P/B) ratio of 10.50 while price to sale or P/S ratio amounts to 5.55. Its return on asset (ROA) is -8.33% on average.
