Adagio Medical Holdings Inc (NASDAQ:ADGM) Adds 15.84% In One Week: What’s Boosting Its Stock?

In last trading session, Adagio Medical Holdings Inc (NASDAQ:ADGM) saw 0.62 million shares changing hands with its beta currently measuring 0.12. Company’s recent per share price level of $1.17 trading at $0.17 or 17.00% at ring of the bell on the day assigns it a market valuation of $17.78M. That closing price of ADGM’s stock is at a discount of -888.89% from its 52-week high price of $11.57 and is indicating a premium of 35.9% from its 52-week low price of $0.75. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.17 million shares which gives us an average trading volume of 489.54K if we extend that period to 3-months.

Adagio Medical Holdings Inc (NASDAQ:ADGM) trade information

Upright in the green during last session for gaining 17.00%, in the last five days ADGM remained trading in the green while hitting it’s week-highest on Friday, 01/31/25 when the stock touched $1.17 price level, adding 4.1% to its value on the day. Adagio Medical Holdings Inc’s shares saw a change of 11.43% in year-to-date performance and have moved 15.84% in past 5-day. Adagio Medical Holdings Inc (NASDAQ:ADGM) showed a performance of 14.71% in past 30-days. Number of shares sold short was 11537.0 shares which calculate 0.85 days to cover the short interests.

On the other hand, Fidelity Extended Market Index Fund and Fidelity NASDAQ Composite Index Fund are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024 , the former fund manager was holding 12.29 shares of worth $14375.0 or 0.08% of the total outstanding shares. The later fund manager was in possession of 7.61 shares on Oct 31, 2024 , making its stake of worth around $8902.0 in the company or a holder of 0.05% of company’s stock.