rts logo

Adagio Medical Holdings Inc (ADGM) Stock Could Soon Reward Patient Investors

Adagio Medical Holdings Inc (NASDAQ: ADGM) is -26.24% lower on its value in year-to-date trading and has touched a low of $0.77 and a high of $11.57 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ADGM stock was last observed hovering at around $0.82 in the last trading session, with the day’s loss setting it -0.05%.

Currently trading at $0.77, the stock is -30.29% and -59.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing -5.88% at the moment leaves the stock -88.05% off its SMA200. ADGM registered -92.76% loss for a year compared to 6-month loss of -93.31%. The firm has a 50-day simple moving average (SMA 50) of $1.92206 and a 200-day simple moving average (SMA200) of $3.0707068.

The stock witnessed a -57.68% gain in the last 1 month and extending the period to 3 months gives it a -73.06%, and is -18.72% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.07% over the week and 19.66% over the month.

Adagio Medical Holdings Inc (ADGM) has around 3 employees, a market worth around $11.77M and $0.47M in sales. Profit margin for the company is -4277.85%. Distance from 52-week low is 0.58% and -93.31% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.01%).

.

Adagio Medical Holdings Inc (ADGM) Top Institutional Holders

The shares outstanding are 15.20M, and float is at 14.91M with Short Float at 1.52%.

Adagio Medical Holdings Inc (ADGM) Insider Activity

#####

Related Posts