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Tuesday, October 27, 2020

ADMA Biologics Inc. (NASDAQ:ADMA) is Waving the Bull Flag

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ADMA Biologics Inc. (ADMA) shares are trading at higher $2.34 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 $5.25 and the low is $1.45. Over the last 52 weeks, ADMA is down -46.08% while the S&P 500 is up 16.45%. 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.

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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 2.10 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 3.57 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 202.90M and a float of 62.74M. 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.

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