Somewhat Positive Press Coverage Somewhat Unlikely to Affect Adamas Pharmaceuticals (ADMS) Share Price
Media coverage about Adamas Pharmaceuticals (NASDAQ:ADMS) has trended somewhat positive on Monday, according to Accern Sentiment. Accern scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Adamas Pharmaceuticals earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news coverage about the specialty pharmaceutical company an impact score of 46.1846960357629 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern’s scoring:
- NewLink Jumps on Orphan Drug Status for Melanoma Treatment — Biotech Movers – TheStreet.com (realmoney.thestreet.com)
- 35 Stocks Moving In Monday’s Mid-Day Session – Benzinga (benzinga.com)
- Point72 Asset Management, L.P. Raises Stake in Adamas … – StreetInsider.com (streetinsider.com)
- Will Adamas Pharmaceuticals, Inc. (ADMS) Fizzle Or Continue To Sizzle – Argus Journal (argusjournal.com)
- Point72 Is Betting on Adamas Pharmaceuticals Inc (ADMS); Shares Soar – Smarter Analyst (smarteranalyst.com)
Shares of Adamas Pharmaceuticals (NASDAQ:ADMS) traded up 21.01% during trading on Monday, reaching $23.61. 5,220,021 shares of the company’s stock were exchanged. Adamas Pharmaceuticals has a 12-month low of $12.10 and a 12-month high of $24.55. The stock’s market cap is $531.56 million. The company has a 50 day moving average of $20.66 and a 200 day moving average of $17.95.
Adamas Pharmaceuticals (NASDAQ:ADMS) last announced its quarterly earnings data on Tuesday, August 8th. The specialty pharmaceutical company reported ($0.93) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.81) by ($0.12). The company had revenue of $0.02 million for the quarter, compared to analysts’ expectations of $0.03 million. The business’s quarterly revenue was down 90.9% on a year-over-year basis. During the same period in the prior year, the business earned ($0.78) EPS. Equities research analysts anticipate that Adamas Pharmaceuticals will post ($3.77) EPS for the current year.
Several brokerages recently commented on ADMS. Evercore ISI began coverage on shares of Adamas Pharmaceuticals in a report on Monday. They set an “outperform” rating on the stock. Mizuho reiterated a “buy” rating and set a $26.00 price target on shares of Adamas Pharmaceuticals in a report on Tuesday, September 5th. BidaskClub downgraded shares of Adamas Pharmaceuticals from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Piper Jaffray Companies reiterated an “overweight” rating and set a $30.00 price target on shares of Adamas Pharmaceuticals in a report on Wednesday, September 20th. Finally, Noble Financial reiterated a “buy” rating on shares of Adamas Pharmaceuticals in a report on Wednesday, August 9th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $39.50.
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Adamas Pharmaceuticals Company Profile
Adamas Pharmaceuticals, Inc is a pharmaceutical company. The Company is engaged in developing medicines to manage the daily lives of those affected by chronic neurologic disorders. It offers a platform based on an understanding of time dependent biologic effects of disease activity and drug response to achieve relief without tolerability issues.
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