ADMA Biologics Inc (NASDAQ:ADMA) traded at a new 52-week high today of $2.31. Approximately 201,000 shares have changed hands today, as compared to an average 30-day volume of 2.5 million shares.
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.
ADMA Biologics Inc share prices have moved between a 52-week high of $2.31 and a 52-week low of $1.01 and are now trading 118% above that low price at $2.20 per share.
Potential upside of 6.6% exists for ADMA Biologics Inc, based on a current level of $2.20 and analysts’ average consensus price target of $2.35.
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