Adamis Pharma (ADMP) Receives a Hold from Raymond James


Raymond James analyst Elliot Wilbur maintained a Hold rating on Adamis Pharma (ADMP) today. The company’s shares closed last Monday at $0.40, close to its 52-week low of $0.27.

According to TipRanks.com, Wilbur ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -3.6% and a 42.6% success rate. Wilbur covers the Healthcare sector, focusing on stocks such as Teva Pharmaceutical Industries, Amphastar Pharmaceuticals, and Amneal Pharmaceuticals.

The word on The Street in general, suggests a Hold analyst consensus rating for Adamis Pharma.

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The company has a one-year high of $1.51 and a one-year low of $0.27. Currently, Adamis Pharma has an average volume of 3.94M.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ADMP in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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