Shares of Adamas Pharmaceuticals Inc. (NASDAQ:ADMS) traded today at $6.92, eclipsing its 52-week high. So far today approximately 211,000 shares have been exchanged, as compared to an average 30-day volume of 320,000 shares.
In the past 52 weeks, shares of Adamas Pharmaceuticals Inc. have traded between a low of $1.90 and a high of $6.92 and is now at $6.64, which is 250% above that low price.
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. has overhead space with shares priced $6.64, or 35.2% below the average consensus analyst price target of $10.26.
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