How Do Adma Biologics Inc (NASDAQ:ADMA)’s Fundamentals Affect Performance

The price of Adma Biologics Inc (NASDAQ:ADMA) shares last traded on Wall Street rose 5.80% to $3.83.

Based on available information, 4 analysts follow Adma Biologics Inc (NASDAQ:ADMA). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $7.00 and a low of $5.00, we find $6.00. Given the previous closing price of $3.62, this indicates a potential upside of 65.75 percent. ADMA stock price is now 8.97% away from the 50-day moving average and 5.21% away from the 200-day moving average. The market capitalization of the company currently stands at $861.41M.

Among analysts, 0 rate the stock a hold while 4 rate it a buy. Brokers who have rated the stock have averaged $6.00 as their price target over the next twelve months.

In other news, Grossman Jerrold B, Director bought 130,000 shares of the company’s stock on Aug 30. The stock was bought for $482,144 at an average price of $3.71. Upon completion of the transaction, the Director now directly owns 443,265 shares in the company, valued at $1.7 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 24, Director KWON YOUNG bought 25,000 shares of the business’s stock. A total of $97,500 was incurred on buying the stock at an average price of $3.90. This leaves the insider owning 277,401 shares of the company worth $1.06 million. Insiders disposed of 3,836,010 shares of company stock worth roughly $14.69 million over the past 1 year. A total of 4.18% of the company’s stock is owned by insiders.

A candlestick chart of Adma Biologics Inc (NASDAQ: ADMA) showed a price of $4.0000 on Thursday morning. During the past 12 months, Adma Biologics Inc has had a low of $2.47 and a high of $4.65. As of last week, the company has a debt-to-equity ratio of 1.03, a current ratio of 6.35, and a quick ratio of 2.49. The fifty day moving average price for ADMA is $3.5148 and a two-hundred day moving average price translates $3.6402 for the stock.

The latest earnings results from Adma Biologics Inc (NASDAQ: ADMA) was released for Sep, 2023. According to the Biotechnology Company, earnings per share came in at -$0.03, missing analysts’ expectations of -$0.02 by -0.01. This compares to -$0.08 EPS in the same period last year. The net profit margin was -19.36% and return on equity was -30.85% for ADMA. For the current quarter, analysts expect ADMA to generate $62.12M in revenue.

Adma Biologics Inc(ADMA) Company Profile

ADMA Biologics, Inc., a biopharmaceutical company, engages in developing, manufacturing, and marketing specialty plasma-derived biologics for the treatment of immune deficiencies and infectious diseases in the United States and internationally. It offers BIVIGAM, an intravenous immune globulin (IVIG) product indicated for the treatment of primary humoral immunodeficiency (PI); ASCENIV, an IVIG product for the treatment of PI; and Nabi-HB for the treatment of acute exposure to blood containing Hepatitis B surface antigen and other listed exposures to Hepatitis B. The company also develops a pipeline of plasma-derived therapeutics, including products related to the methods of treatment and prevention of S. pneumonia infection for an immunoglobulin. In addition, it operates source plasma collection facilities. The company sells its products through independent distributors, drug wholesalers, specialty pharmacies, and other alternate site providers. ADMA Biologics, Inc. was incorporated in 2004 and is headquartered in Ramsey, New Jersey.

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