Shares of ADMA Biologics Inc (NASDAQ:ADMA) traded at a new 52-week high today of $2.52. Approximately 105,000 shares have changed hands today, as compared to an average 30-day volume of 2.1 million shares.
ADMA Biologics Inc has overhead space with shares priced $2.50, or 19.8% below the average consensus analyst price target of $3.11.
In the past 52 weeks, ADMA Biologics Inc share prices are bracketed by a low of $1.01 and a high of $2.52 and is now at $2.50, 147% above that low price.
ADMA Biologics Inc is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases. Its targeted patient populations include immune-compromised individuals who suffer from an underlying immune deficiency disorder or who may be immune-suppressed for medical reasons. The company sells plasma-derived intermediate fractions to certain customers, which are generated as part of its FDA-approved manufacturing process for IG and IVIG products. It also provides laboratory contracting services to certain customers and anticipates providing contract filling, labeling and packing services.
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