35 F
New York
Thursday, December 3, 2020

ADMA Biologics Inc. (NASDAQ:ADMA) is Holding Steady

Must read

Transocean Ltd. (NYSE:RIG) is Gaining Momentum on Earnings Catalyst

Transocean Ltd. (RIG) shares are trading at higher $2.09 and the avg recommendation for the stock is Hold, while the current analyst price target...

Carnival Corporation & Plc (NYSE:CCL) Finding Strong Support

Carnival Corporation & Plc (CCL) shares are trading at higher $21.16 and the avg recommendation for the stock is Moderate Buy, while the current...

Apple Inc. (NASDAQ:AAPL) on the Path to Profitability

Apple Inc. (AAPL) shares are trading at higher $123.08 and the avg recommendation for the stock is Moderate Buy, while the current analyst price...

Can We Expect More Volatility From XP Inc. (XP)?

XP Inc. (XP) shares are trading at lower $40.45 and the avg recommendation for the stock is Moderate Buy, while the current analyst price...

ADMA Biologics Inc. (ADMA) shares are trading at lower $2.83 and the avg recommendation for the stock is Strong Buy.

To add more color to this target, the company’s high over the last year is $5.48 and the low is $1.45. Over the last 52 weeks, ADMA is down -48.40% while the S&P 500 is down -0.42%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, ADMA reported a profit of $-5.71 million. ADMA Biologics Inc. also saw revenues decrease to $7.79 million. In addition, ADMA has free cash flow of -$52.17 million as of 06-2020. The company’s EBITDA came in at -$15.83 million which compares well with its peers.

ADMA Return on Equity (ROE) is -104.30%, and its Return on Assets is -36.80%. All told, it is clear that, ADMA needs to be on your watchlist.

Find out when ADMA reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. ADMA has a short ratio of 2.31 and outstanding shares of 86.35M.

Company Outlook

ADMA has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 3.54 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.87. ADMA Biologics Inc. ADMA also noted assets of $191.54 million at the end of the last quarter. Investors should also keep an eye on sector updates as ADMA has historically followed its peers on positive news.

All told, ADMA Biologics Inc. ADMA has strung together solid data and demonstrated underlying fundamentals. At its current valuation, ADMA represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

ADMA Biologics Inc. ADMA is now commanding a market cap of 237.30M and a float of 62.77M. ADMA is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of ADMA stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in ADMA, either long or short, and we have not been compensated for this article.

Latest article

Renewed Optimism is Surrounding Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Norwegian Cruise Line Holdings Ltd. (NCLH) shares are trading at higher $23.40 and the avg recommendation for the stock is Moderate Buy, while the...

Hewlett Packard Enterprise Company (NYSE:HPE) is Waving the Bull Flag

Hewlett Packard Enterprise Company (HPE) shares are trading at higher $11.52 and the avg recommendation for the stock is Moderate Buy, while the current...

The Forecast Just Changed on Kinder Morgan Inc. (NYSE:KMI)

Kinder Morgan Inc. (KMI) shares are trading at higher $14.34 and the avg recommendation for the stock is Moderate Buy, while the current analyst...

OPKO Health Inc. (NASDAQ:OPK) on the Path to Profitability

OPKO Health Inc. (OPK) shares are trading at higher $4.87 and the avg recommendation for the stock is Strong Buy. To add more color...

The Last Few Sessions Have Micron Technology Inc. (MU) Soaring

Micron Technology Inc. (MU) shares are trading at higher $69.11 and the avg recommendation for the stock is Moderate Buy, while the current analyst...