Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Adagene Inc ADR (NASDAQ: ADAG) closed at $1.85 down -5.13% from its previous closing price of $1.95. In other words, the price has decreased by -$5.13 from its previous closing price. On the day, 0.69 million shares were traded. ADAG stock price reached its highest trading level at $2.1 during the session, while it also had its lowest trading level at $1.74.
Ratios:
For a deeper understanding of Adagene Inc ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 2.30. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.01.
On June 25, 2021, China Renaissance started tracking the stock assigning a Buy rating and target price of $40.57.
On March 08, 2021, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $34.Morgan Stanley initiated its Overweight rating on March 08, 2021, with a $34 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADAG now has a Market Capitalization of 91863600 and an Enterprise Value of 48128576. For the stock, the TTM Price-to-Sale (P/S) ratio is 871.54 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 466.344 whereas that against EBITDA is -1.366.
Stock Price History:
The Beta on a monthly basis for ADAG is 0.74, which has changed by -0.36206895 over the last 52 weeks, in comparison to a change of 0.11937654 over the same period for the S&P500. Over the past 52 weeks, ADAG has reached a high of $3.58, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is 4.84%, while the 200-Day Moving Average is calculated to be -8.48%.
Shares Statistics:
For the past three months, ADAG has traded an average of 35.28K shares per day and 74940 over the past ten days. A total of 47.11M shares are outstanding, with a floating share count of 35.87M. Insiders hold about 23.85% of the company’s shares, while institutions hold 2.22% stake in the company. Shares short for ADAG as of 1749772800 were 88403 with a Short Ratio of 2.51, compared to 1747267200 on 76548. Therefore, it implies a Short% of Shares Outstanding of 88403 and a Short% of Float of 0.22999999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
