Shares of Adamas Pharmaceuticals Inc. (NASDAQ:ADMS) traded today at $6.87, eclipsing its 52-week high. Approximately 453,000 shares have changed hands today, as compared to an average 30-day volume of 320,000 shares.
Adamas Pharmaceuticals Inc discovers, develops, and sells therapies for chronic neurologic disorders. The company’s approved/commercial product is GOCOVRI, an amantadine therapy for the treatment of levodopa-induced dyskinesia in patients with Parkinson’s disease. It operates in one reportable segment: the development and commercialization of therapeutics targeting chronic disorders of the central nervous system. The company generates its revenues primarily from the United States.
Adamas Pharmaceuticals Inc. (NASDAQ:ADMS) has potential upside of 82.9% based on a current price of $5.61 and analysts’ consensus price target of $10.26.
In the past 52 weeks, shares of Adamas Pharmaceuticals Inc. have traded between a low of $1.90 and a high of $6.87 and is now at $5.61, which is 195% above that low price.
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