Insider Buying: William C. Denby Purchases 2,500 Shares of Adamis Pharmaceuticals Corp Stock (ADMP)
Adamis Pharmaceuticals Corp (NASDAQ:ADMP) Director William C. Denby acquired 2,500 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The stock was purchased at an average price of $5.06 per share, with a total value of $12,650.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Adamis Pharmaceuticals Corp (NASDAQ:ADMP) traded down 4.73% during mid-day trading on Wednesday, hitting $4.83. The stock had a trading volume of 340,610 shares. Adamis Pharmaceuticals Corp has a one year low of $2.62 and a one year high of $11.90. The stock has a 50-day moving average of $3.77 and a 200-day moving average of $5.24. The company’s market cap is $50.7 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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