ADMA - Shares of ADMA Biologics Inc (ADMA) Fall Below Previous 52-Week Low

Shares of ADMA Biologics Inc (NASDAQ:ADMA) traded today at $1.39, breaking its 52-week low. Approximately 315,000 shares have changed hands today, as compared to an average 30-day volume of 2.4 million shares.

ADMA Biologics Inc has overhead space with shares priced $1.44, or 22.3% below the average consensus analyst price target of $1.85.

ADMA Biologics Inc share prices have moved between a 52-week high of $4.20 and the current low of $1.39 and are currently at $1.44 per share.

ADMA Biologics Inc is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty plasma-derived biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases. Its targeted patient populations include immune-compromised individuals who suffer from an underlying immune deficiency disorder or who may be immune-suppressed for medical reasons. The company sells plasma-derived intermediate fractions to certain customers, which are generated as part of its FDA-approved manufacturing process for IG and IVIG products. It also provides laboratory contracting services to certain customers and anticipate providing contract filling, labeling and packing services.

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