A new trading day began on Tuesday, with Adagene Inc ADR (NASDAQ: ADAG) stock price up 3.83% from the previous day of trading, before settling in for the closing price of $1.83. ADAG’s price has ranged from $1.33 to $3.58 over the past 52 weeks.
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A company in the Healthcare sector has dropped its sales by -14.47% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -40.68%. With a float of $35.87 million, this company’s outstanding shares have now reached $47.11 million.
In an organization with 138 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -797.49%, operating margin of -43711.93%, and the pretax margin is -40644.58%.
Adagene Inc ADR (ADAG) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Adagene Inc ADR is 23.85%, while institutional ownership is 2.22%.
Adagene Inc ADR (ADAG) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -40.68% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -22.33% during the next five years compared to -14.47% drop over the previous five years of trading.
Adagene Inc ADR (NASDAQ: ADAG) Trading Performance Indicators
Here are Adagene Inc ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 895.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.74 and is forecasted to reach -1.03 in one year’s time.
Technical Analysis of Adagene Inc ADR (ADAG)
Let’s dig in a bit further. During the last 5-days, its volume was 0.2 million. That was better than the volume of 63380.0 it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 45.50%.
During the past 100 days, Adagene Inc ADR’s (ADAG) raw stochastic average was set at 60.85%, which indicates a significant increase from 47.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1409 in the past 14 days, which was lower than the 0.1416 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8418, while its 200-day Moving Average is $1.9928. However, in the short run, Adagene Inc ADR’s stock first resistance to watch stands at $1.9733. Second resistance stands at $2.0467. The third major resistance level sits at $2.1733. If the price goes on to break the first support level at $1.7733, it is likely to go to the next support level at $1.6467. Assuming the price breaks the second support level, the third support level stands at $1.5733.
Adagene Inc ADR (NASDAQ: ADAG) Key Stats
With a market capitalization of 89.51 million, the company has a total of 47,110K Shares Outstanding. Currently, annual sales are 100 K while annual income is -33,420 K. The company’s previous quarter sales were 391 K while its latest quarter income was -12,768 K.
