A share price of Adamas Trust Inc [ADAM] is currently trading at $7.55, up 4.72%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ADAM shares have gain 8.32% over the last week, with a monthly amount glided 8.95%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Adamas Trust Inc [NASDAQ: ADAM] stock has seen the most recent analyst activity on August 13, 2024, when Janney initiated its Neutral rating and assigned the stock a price target of $7. Previously, UBS started tracking the stock with Neutral rating on December 06, 2023, and set its price target to $8.50. On February 24, 2023, downgrade downgraded it’s rating to Neutral. Keefe Bruyette downgraded its rating to a Mkt Perform but stick to its price target of $3 on July 18, 2022. Keefe Bruyette upgraded its rating to an Outperform but $4.50 remained the price target by the analyst firm on February 23, 2022. BofA Securities downgraded its rating to Underperform for this stock on May 17, 2021, but kept the price target unchanged to $4.50. In a note dated May 12, 2021, B. Riley Securities initiated a Buy rating and provided a target price of $6 on this stock.
Adamas Trust Inc experienced fluctuations in its stock price throughout the past year between $5.01 and $7.52. Adamas Trust Inc [NASDAQ: ADAM] shares were valued at $7.55 at the most recent close of the market.
Analyzing the ADAM fundamentals
Trailing Twelve Months sales for Adamas Trust Inc [NASDAQ:ADAM] were 629.39M which represents 34.06% growth. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.05 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 7.78.
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 7.31 points at the first support level, and at 7.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.69, and for the 2nd resistance point, it is at 7.82.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Adamas Trust Inc [NASDAQ:ADAM] is 0.06. Also, the Quick Ratio is 0.06, while the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 1.08, the price to book ratio is 0.80 and price to earnings (TTM) ratio is 39.95.
