In a report released today, Elliot Wilbur from Raymond James maintained a Hold rating on Adamis Pharma (ADMP). The company’s shares closed last Monday at $0.85.
According to TipRanks.com, Wilbur has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -2.6% and a 42.0% success rate. Wilbur covers the Healthcare sector, focusing on stocks such as Amphastar Pharmaceuticals, Amneal Pharmaceuticals, and Flexion Therapeutics.
The the analyst consensus on Adamis Pharma is currently a Hold rating.
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Based on Adamis Pharma’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $4.3 million and GAAP net loss of $7.49 million. In comparison, last year the company earned revenue of $5.9 million and had a GAAP net loss of $7 million.
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Adamis Pharmaceuticals Corp. is a biopharmaceutical company, which engages in the discovery, development and sales of pharmaceutical, specialty biopharmaceutical and other drug products. It offers Symjepi product for allergy, respiratory, opioid overdose, and erectile dysfunction (ED), markets. The company was founded in June 2006 and is headquartered in San Diego, CA.
