Adamis Pharmaceuticals Corp Director Buys $22,165 in Stock (ADMP)
Adamis Pharmaceuticals Corp (NASDAQ:ADMP) Director Robert B. Rothermel acquired 5,500 shares of the company’s stock in a transaction dated Friday, August 29th. The shares were purchased at an average price of $4.03 per share, for a total transaction of $22,165.00. Following the purchase, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $80,600. The purchase was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Adamis Pharmaceuticals Corp (NASDAQ:ADMP) opened at 5.07 on Wednesday. Adamis Pharmaceuticals Corp has a 52 week low of $2.62 and a 52 week high of $11.90. The stock’s 50-day moving average is $3.75 and its 200-day moving average is $5.25. The company’s market cap is $53.2 million.
Separately, analysts at CRT Capital reiterated a “positive” rating on shares of Adamis Pharmaceuticals Corp in a research note on Tuesday, June 24th. They now have a $15.00 price target on the stock.
Adamis Pharmaceuticals Corporation (NASDAQ:ADMP), formerly Cellegy Pharmaceuticals, Incoperates through its wholly owned subsidiaries Cellegy Holdings, Inc, Adamis Corporation and Biosyn, Inc Adamis Corporation has two wholly owned subsidiaries: Adamis Viral Therapies, Inc (Adamis Viral) and Adamis Laboratories, Inc (Adamis Labs).
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