Adma Biologics Inc (NASDAQ:ADMA) shares traded 0.25% higher at $19.72 on Wall Street last session.
ADMA stock price is now 9.49% away from the 50-day moving average and 73.24% away from the 200-day moving average. The market capitalization of the company currently stands at $4.60B.
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On October 13, 2022, Mizuho recently initiated its ‘Buy’ rating on the stock quoting a target price of $5, while ‘Raymond James’ rates the stock as ‘Strong Buy’
In other news, Guiheen Lawrence P., Director sold 9,000 shares of the company’s stock on Sep 09 ’24. The stock was sold for $166,189 at an average price of $18.47. Upon completion of the transaction, the Director now directly owns 153,941 shares in the company, valued at $3.04 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 09 ’24, Director Guiheen Lawrence P. bought 9,000 shares of the business’s stock. A total of $146,340 was incurred on buying the stock at an average price of $16.26. A total of 3.38% of the company’s stock is owned by insiders.
During the past 12 months, Adma Biologics Inc has had a low of $3.56 and a high of $21.13. As of last week, the company has a debt-to-equity ratio of 0.75, a current ratio of 6.87, and a quick ratio of 2.80. According to the stock market information, the enterprise value for the company is $4649547264, which is based on a 140.26 price-to-earnings ratio, a 7.01 price-to-earnings-growth ratio, and a beta of 0.68. The fifty day moving average price for ADMA is $17.9609 and a two-hundred day moving average price translates $11.30975 for the stock.
The latest earnings results from Adma Biologics Inc (NASDAQ: ADMA) was released for 2024-06-30. The net profit margin was 10.53% and return on equity was 20.77% for ADMA. The company reported revenue of $107.19 million for the quarter, compared to $60.12 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 78.29 percent.
