Adma Biologics Inc (NASDAQ:ADMA) Is 81.57% Above Its 52-Week Low, But How Long Will It Remain So?

In recent trading session, Adma Biologics Inc (NASDAQ:ADMA) saw 0.68 million shares changing hands at last check today with its beta currently measuring 0.62. Company’s recent per share price level of $16.60 trading at $0.16 or 0.95% at last check today assigns it a market valuation of $3.87B. That most recent trading price of ADMA’s stock is at a discount of -27.29% from its 52-week high price of $21.13 and is indicating a premium of 81.57% from its 52-week low price of $3.06. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.05 million shares which gives us an average trading volume of 5.25 million if we extend that period to 3-months.

For Adma Biologics Inc (ADMA), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.13 in the current quarter.

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Adma Biologics Inc (NASDAQ:ADMA) trade information

Upright in the green today for gaining 0.95%, in the last five days ADMA remained trading in the red while hitting it’s week-highest on Friday, 10/11/24 when the stock touched $16.60 price level, adding 4.76% to its value on the day. Adma Biologics Inc’s shares saw a change of 267.19% in year-to-date performance and have moved -2.43% in past 5-day. Adma Biologics Inc (NASDAQ:ADMA) showed a performance of -14.10% in past 30-days. Number of shares sold short was 17.08 million shares which calculate 2.38 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 16 to the stock, which implies a fall of -3.75% to its recent value today. Analysts have been projecting 14 as a low price target for the stock while placing it at a high target of 18. It follows that stock’s current price would jump 15.66% in reaching the projected high whereas dropping to the targeted low would mean a gain of 15.66% for stock’s current value.

Adma Biologics Inc (ADMA) estimates and forecasts

This year revenue growth is estimated to rise 57.10% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 105.85M for the same. And 4 analysts are in estimates of company making revenue of 110.7M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 38.68% during past 5 years.

Adma Biologics Inc (NASDAQ:ADMA)’s Major holders

Insiders are in possession of 2.58% of company’s total shares while institution are holding 80.70 percent of that, with stock having share float percentage of 82.84%. Investors also watch the number of corporate investors in a company very closely, which is 80.70% institutions for Adma Biologics Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at ADMA for having 18.64 million shares of worth $208.45 million. And as of 2024-06-30, it was holding 8.1462 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 14.52 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.3426 of outstanding shares, having a total worth of $162.3 million.