In the last trading session, 78965.0 shares of the Adagene Inc ADR (NASDAQ:ADAG) were traded, and its beta was 0.64. Most recently the company’s share price was $1.82, and it changed around $0.2 or 12.00% from the last close, which brings the market valuation of the company to $85.74M. ADAG currently trades at a discount to its 52-week high of $3.58, offering almost -96.7% off that amount. The share price’s 52-week low was $1.33, which indicates that the current value has risen by an impressive 26.92% since then.
Adagene Inc ADR stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 2 recommended ADAG as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
Adagene Inc ADR (NASDAQ:ADAG) trade information
Instantly ADAG has showed a green trend with a performance of 12.00% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.8600 on recent trading dayincreased the stock’s daily price by 2.15%. The company’s shares are currently down -8.54% year-to-date, but still up 2.82% over the last five days. On the other hand, Adagene Inc ADR (NASDAQ:ADAG) is 30.94% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to increase their stock price by 63.6% from its current value. Analyst projections state that ADAG is forecast to be at a low of $5 and a high of $5.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -14.47%. Adagene Inc ADR earnings are expected to increase by -19.21% in 2025, but the outlook is negative -18.43% per year for the next five years.
ADAG Dividends
Adagene Inc ADR’s next quarterly earnings report is expected to be released in June.
FIL LTD, with 8.7381% or 3.83 million shares worth $11.71 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
The former held 10.31 shares worth $18762.0, making up 0.02% of all outstanding shares.
