Adagene Inc ADR (NASDAQ:ADAG) has a beta value of 0.74 and has seen 0.79 million shares traded in the recent trading session. The company, currently valued at $83.38M, closed the recent trade at $1.77 per share which meant it lost -$0.06 on the day or -3.28% during that session. The ADAG stock price is -102.26% off its 52-week high price of $3.58 and 24.86% above the 52-week low of $1.33. If we look at the company’s 10-day average daily trading volume, we find that it stood at 93250.0 shares traded. The 3-month trading volume is 47.18K shares.
The consensus among analysts is that Adagene Inc ADR (ADAG) is Buy stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
Adagene Inc ADR (NASDAQ:ADAG) trade information
Sporting -3.28% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ADAG stock price touched $1.77 or saw a rise of 11.5%. Year-to-date, Adagene Inc ADR shares have moved -34.69%, while the 5-day performance has seen it change -6.35%. Over the past 30 days, the shares of Adagene Inc ADR (NASDAQ:ADAG) have changed -9.69%. Short interest in the company has seen 88403.0 shares shorted with days to cover at 1.29.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could jump 64.6% from the levels at last check today.. The projected low price target is $5.0 while the price target rests at a high of $5.0. In that case, then, we find that the latest price level in today’s session is -182.49% off the targeted high while a plunge would see the stock gain -182.49% from the levels at last check today..
Adagene Inc ADR (ADAG) estimates and forecasts
The company’s shares have lost -8.53% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -100.00%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -14.47% over the past 5 years. Earnings growth for 2025 is a modest -40.68% while over the next 5 years, the company’s earnings are expected to decrease by -22.33%.
ADAG Dividends
Adagene Inc ADR is expected to release its next earnings report on 2025-Mar-22 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Adagene Inc ADR (NASDAQ:ADAG)’s Major holders
Insiders own 4.70% of the company shares, while shares held by institutions stand at 34.89% with a share float percentage of 36.62%. Investors are also buoyed by the number of investors in a company, with Adagene Inc ADR having a total of 17.0 institutions that hold shares in the company. The top two institutional holders are WUXI APPTEC CO., LTD. with over 3.98 million shares worth more than $12.19 million. As of 2024-06-30, WUXI APPTEC CO., LTD. held 9.0955% of shares outstanding.
The other major institutional holder is FIL LTD, with the holding of over 3.83 million shares as of 2024-06-30. The firm’s total holdings are worth over $11.71 million and represent 8.7381% of shares outstanding.
