Insider Buying: Adamis Pharmaceuticals Corp Director Buys 2,500 Shares of Stock (ADMP)
Adamis Pharmaceuticals Corp (NASDAQ:ADMP) Director William C. Denby purchased 2,500 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was purchased at an average price of $5.06 per share, for a total transaction of $12,650.00. The acquisition was disclosed in a filing with the SEC, which is available at this link.
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.
Shares of Adamis Pharmaceuticals Corp (NASDAQ:ADMP) opened at 4.83 on Thursday. Adamis Pharmaceuticals Corp has a 1-year low of $2.62 and a 1-year high of $11.90. The stock’s 50-day moving average is $3.77 and its 200-day moving average is $5.24. The company’s market cap is $50.7 million.
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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