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Adamis Pharmaceuticals Corp (NASDAQ:ADMP) Director William C. Denby purchased 2,500 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, September 2nd. The stock was purchased at an average cost of $5.06 per share, for a total transaction of $12,650.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Adamis Pharmaceuticals Corp (NASDAQ:ADMP) opened at 4.52 on Friday. 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 $3.80 and a 200-day moving average of $5.24. The company’s market cap is $47.5 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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