ADMA Biologics Inc (NASDAQ:ADMA) posted its quarterly earnings data on Friday. The biotechnology company reported ($0.55) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.26) by $0.29, Bloomberg Earnings reports. The firm had revenue of $3.40 million for the quarter, compared to analysts’ expectations of $3.52 million.
ADMA Biologics (NASDAQ ADMA) traded up 1.03% during trading on Friday, hitting $2.94. 36,784 shares of the company traded hands. The stock’s market capitalization is $37.88 million. ADMA Biologics has a 52 week low of $2.76 and a 52 week high of $7.70. The company’s 50 day moving average is $3.47 and its 200-day moving average is $4.19.
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Several research firms have recently weighed in on ADMA. ValuEngine cut shares of ADMA Biologics from a “sell” rating to a “strong sell” rating in a research report on Friday, June 2nd. Maxim Group set a $13.00 price objective on shares of ADMA Biologics and gave the company a “buy” rating in a research report on Wednesday, June 7th.
About ADMA Biologics
ADMA Biologics, Inc is a late-stage biopharmaceutical company that develops, manufactures and intends to market specialty plasma-based biologics for the treatment and prevention of infectious diseases. The Company is engaged in the development and commercialization of human plasma and plasma-derived therapeutics.
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