Let’s start up with the current stock price of Adagio Therapeutics Inc. (ADGI), which is $2.84 to be very precise. The Stock rose vividly during the last session to $2.74 after opening rate of $2.49 while the lowest price it went was recorded $2.46 before closing at $2.66.Recently in News on May 13, 2022, Adagio Therapeutics Reports First Quarter 2022 Financial Results. $532.2 Million in Total Cash at Quarter End; Strong Balance Sheet Expected to Support Operations into Second Half of 2024. You can read further details here
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, Adagio Therapeutics Inc. shares are logging -96.40% during the 52-week period from high price, and 15.47% 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 $2.46 and $78.82.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 884869 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 Adagio Therapeutics Inc. (ADGI) recorded performance in the market was -63.36%, having the revenues showcasing -63.76% 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 301.83M, as it employees total of 101 workers.
Adagio Therapeutics Inc. (ADGI) in the eye of market guru’s
During the last month, 0 analysts gave the Adagio Therapeutics Inc. 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 5.45, with a change in the price was noted -7.17. In a similar fashion, Adagio Therapeutics Inc. posted a movement of -71.70% for the period of last 100 days, recording 3,700,464 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 ADGI is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Adagio Therapeutics Inc. (ADGI): Stocks Technical analysis and Trends
Raw Stochastic average of Adagio Therapeutics Inc. in the period of last 50 days is set at 10.05%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 33.64%. In the last 20 days, the company’s Stochastic %K was 17.16% and its Stochastic %D was recorded 10.80%.
If we look into the earlier routines of Adagio Therapeutics Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -63.36%. The shares increased approximately by -10.74% in the 7-day charts and went up by -27.32% in the period of the last 30 days. Common stock shares were lifted by -63.76% during last recorded quarter.