Adamis Pharmaceuticals Corporation (NASDAQ:ADMP) went up by 40.07% from its latest closing price compared to the recent 1-year high of $2.34. The company’s stock price has collected 39.56% of gains in the last five trading sessions. Press Release reported on 04/15/21 that Adamis Pharmaceuticals Announces 2020 Financial Results and Business Update
Is It Worth Investing in Adamis Pharmaceuticals Corporation (NASDAQ :ADMP) Right Now?
Plus, the 36-month beta value for ADMP is at 1.30. Opinions of the stock are interesting as 0 analysts out of 3 who provided ratings for Adamis Pharmaceuticals Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $1.50, which is -$0.07 below the current price. ADMP currently public float of 147.86M and currently shorts hold a 2.84% ratio of that float. Today, the average trading volume of ADMP was 6.66M shares.
ADMP’s Market Performance
ADMP stocks went up by 39.56% for the week, with a monthly jump of 18.89% and a quarterly performance of -2.73%, while its annual performance rate touched 129.27%. The volatility ratio for the week stands at 18.18% while the volatility levels for the past 30 days are set at 10.60% for Adamis Pharmaceuticals Corporation. The simple moving average for the period of the last 20 days is 33.83% for ADMP stocks with a simple moving average of 22.90% for the last 200 days.
Analysts’ Opinion of ADMP
Many brokerage firms have already submitted their reports for ADMP stocks, with Maxim Group repeating the rating for ADMP by listing it as a “Buy.” The predicted price for ADMP in the upcoming period, according to Maxim Group is $1.50 based on the research report published on May 13th of the previous year 2020.
ADMP Trading at 14.11% from the 50-Day Moving Average
After a stumble in the market that brought ADMP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.27% of loss for the given period.
Volatility was left at 10.60%, however, over the last 30 days, the volatility rate increased by 18.18%, as shares surge +18.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.74% lower at present.
During the last 5 trading sessions, ADMP rose by +39.56%, which changed the moving average for the period of 200-days by +38.96% in comparison to the 20-day moving average, which settled at $0.8080. In addition, Adamis Pharmaceuticals Corporation saw 120.57% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ADMP starting from Marguglio David J., who sale 35,000 shares at the price of $0.40 back on Nov 20. After this action, Marguglio David J. now owns 287,264 shares of Adamis Pharmaceuticals Corporation, valued at $14,000 using the latest closing price.
Hopkins Robert O, the Chief Financial Officer of Adamis Pharmaceuticals Corporation, sale 35,000 shares at $0.41 during a trade that took place back on Nov 20, which means that Hopkins Robert O is holding 254,810 shares at $14,182 based on the most recent closing price.
Stock Fundamentals for ADMP
Current profitability levels for the company are sitting at:
- -176.43 for the present operating margin
- +9.58 for the gross margin
The net margin for Adamis Pharmaceuticals Corporation stands at -298.84. The total capital return value is set at -115.55, while invested capital returns managed to touch -229.66. Equity return is now at value -226.50, with -123.70 for asset returns.
Based on Adamis Pharmaceuticals Corporation (ADMP), the company’s capital structure generated 196.09 points at debt to equity in total, while total debt to capital is 66.23. Total debt to assets is 21.92, with long-term debt to equity ratio resting at 57.09. Finally, the long-term debt to capital ratio is 19.28.
When we switch over and look at the enterprise to sales, we see a ratio of 2.28, with the company’s debt to enterprise value settled at 0.18. The receivables turnover for the company is 11.13 and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.63.