For the readers interested in the stock health of Adamis Pharmaceuticals Corporation (ADMP). It is currently valued at $0.86. When the transactions were called off in the previous session, Stock hit the highs of $0.862, after setting-off with the price of $0.8078. Company’s stock value dipped to $0.7903 during the trading on the day. When the trading was stopped its value was $0.81.
Recently in News on September 18, 2020, Adamis Pharmaceuticals Announces Pricing of Public Offering of Common Stock. Adamis Pharmaceuticals Corporation (Nasdaq: ADMP), a specialty biopharmaceutical company focused on developing and commercializing products in various therapeutic areas, including allergy, opioid overdose, respiratory and inflammatory disease, announced today the pricing of its previously announced underwritten public offering of 16,129,032 shares of its common stock at a public offering price of $0.62 per share, resulting in gross proceeds of approximately $10,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the company. All shares of common stock to be sold in the public offering are being sold by Adamis. You can read further details here
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Adamis Pharmaceuticals Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.5100 on 07/29/20, with the lowest value was $0.2700 for the same time period, recorded on 03/18/20.
Adamis Pharmaceuticals Corporation (ADMP) full year performance was 57.36%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Adamis Pharmaceuticals Corporation shares are logging -43.08% during the 52-week period from high price, and 218.33% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.27 and $1.51.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 2435549 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Adamis Pharmaceuticals Corporation (ADMP) recorded performance in the market was 22.72%, having the revenues showcasing -15.74% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 79.35M, as it employees total of 131 workers.
Adamis Pharmaceuticals Corporation (ADMP) in the eye of market guru’s
During the last month, 0 analysts gave the Adamis Pharmaceuticals Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.7943, with a change in the price was noted +0.3585. In a similar fashion, Adamis Pharmaceuticals Corporation posted a movement of +71.56% for the period of last 100 days, recording 5,337,165 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ADMP is recording 0.23 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.09.
Adamis Pharmaceuticals Corporation (ADMP): Stocks Technical analysis and Trends
Raw Stochastic average of Adamis Pharmaceuticals Corporation in the period of last 50 days is set at 50.79%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 45.81%. In the last 20 days, the company’s Stochastic %K was 42.22% and its Stochastic %D was recorded 49.72%.
If we look into the earlier routines of Adamis Pharmaceuticals Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 22.72%. Additionally, trading for the stock in the period of the last six months notably improved by 133.69%, alongside a boost of 57.36% for the period of the last 12 months. The shares increased approximately by -8.52% in the 7-day charts and went down by 11.62% in the period of the last 30 days. Common stock shares were lifted by -15.74% during last recorded quarter.