A share price of Adamas Trust Inc [ADAM] is currently trading at $7.62, up 2.01%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ADAM shares have gain 4.38% over the last week, with a monthly amount glided 7.17%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Janney started tracking the stock with Neutral rating on August 13, 2024, and set its price target to $7. On December 06, 2023, UBS initiated with a Neutral rating and assigned a price target of $8.50 on the stock. Ladenburg Thalmann downgraded its rating to a Neutral. Keefe Bruyette downgraded its rating to a Mkt Perform but $3 remained the price target by the analyst firm on July 18, 2022. Keefe Bruyette upgraded its rating to Outperform for this stock on February 23, 2022, but kept the price target unchanged to $4.50. In a note dated May 17, 2021, BofA Securities downgraded an Underperform rating on this stock but restated the target price of $4.50.
Adamas Trust Inc experienced fluctuations in its stock price throughout the past year between $5.01 and $7.75. Adamas Trust Inc [NASDAQ: ADAM] shares were valued at $7.62 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of7.78.
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 7.45 points at the first support level, and at 7.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.76, and for the 2nd resistance point, it is at 7.90.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Adamas Trust Inc [NASDAQ:ADAM] is 0.06. Further, the Quick Ratio stands at 0.06, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 1.09, the price to book ratio is 0.81 and price to earnings (TTM) ratio is 40.32.
