At the time of writing, Adagene Inc ADR [ADAG] stock is trading at $1.98, up 1.02%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ADAG shares have gain 4.21% over the last week, with a monthly amount glided 16.47%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Adagene Inc ADR [NASDAQ: ADAG] stock has seen the most recent analyst activity on January 31, 2025, when Morgan Stanley downgraded its rating to a Equal-Weight. Previously, China Renaissance started tracking the stock with Buy rating on June 25, 2021, and set its price target to $40.57. On March 08, 2021, Morgan Stanley initiated with a Overweight rating and assigned a price target of $34 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $33 on March 08, 2021. Goldman initiated its recommendation with a Buy and recommended $29 as its price target on March 08, 2021.
For the past year, the stock price of Adagene Inc ADR fluctuated between $1.33 and $3.58. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. Adagene Inc ADR [NASDAQ: ADAG] shares were valued at $1.98 at the most recent close of the market. An investor can expect a potential return of 152.53% based on the average ADAG price forecast.
Analyzing the ADAG fundamentals
Gross Profit Margin for this corporation currently stands at -1.64% with Operating Profit Margin at -106.54%, Pretax Profit Margin comes in at -97.2%, and Net Profit Margin reading is -96.56%. To continue investigating profitability, this company’s Return on Assets is posted at -0.55, Equity is -0.84 and Total Capital is -1.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.9483 points at the first support level, and at 1.9167 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.0133, and for the 2nd resistance point, it is at 2.0467.
Ratios To Look Out For
It is important to note that Adagene Inc ADR [NASDAQ:ADAG] has a current ratio of 2.30. As well, the Quick Ratio is 2.30, while the Cash Ratio is 2.23. Considering the valuation of this stock, the price to sales ratio is 932.78, the price to book ratio is 1.85.
