ADMA Biologics Inc (ADMA) Reaches New 1-Year Low at $2.03
ADMA Biologics Inc (NASDAQ:ADMA) shares hit a new 52-week low on Monday . The stock traded as low as $2.03 and last traded at $2.03, with a volume of 84192 shares trading hands. The stock had previously closed at $2.24.
Separately, ValuEngine downgraded ADMA Biologics from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st.
The company has a debt-to-equity ratio of 0.87, a current ratio of 2.83 and a quick ratio of 1.99.
ADMA Biologics (NASDAQ:ADMA) last issued its quarterly earnings results on Friday, August 11th. The biotechnology company reported ($0.55) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.26) by ($0.29). The business had revenue of $3.40 million during the quarter, compared to analyst estimates of $3.52 million. ADMA Biologics had a negative net margin of 35.00% and a negative return on equity of 116.73%. equities analysts expect that ADMA Biologics Inc will post -2.24 earnings per share for the current fiscal year.
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ADMA Biologics Company Profile
ADMA Biologics, Inc is a late-stage biopharmaceutical company that develops, manufactures and intends to market specialty plasma-based biologics for the treatment and prevention of infectious diseases. The Company is engaged in the development and commercialization of human plasma and plasma-derived therapeutics.
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