Adagio Medical Holdings Inc (NASDAQ: ADGM) is 14.29% higher on its value in year-to-date trading and has touched a low of $0.62 and a high of $11.57 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ADGM stock was last observed hovering at around $1.78 in the last trading session, with the day’s loss setting it -0.58%.
Currently trading at $1.20, the stock is 33.98% and 14.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.2 million and changing -32.58% at the moment leaves the stock -63.09% off its SMA200. ADGM registered -89.27% loss for a year compared to 6-month loss of -58.26%. The firm has a 50-day simple moving average (SMA 50) of $1.04646 and a 200-day simple moving average (SMA200) of $2.3563519.
The stock witnessed a 38.73% gain in the last 1 month and extending the period to 3 months gives it a 54.94%, and is 56.49% up 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 55.78% over the week and 24.67% over the month.
Adagio Medical Holdings Inc (ADGM) has around 80 employees, a market worth around $18.46M and $0.60M in sales. Profit margin for the company is -12465.28%. Distance from 52-week low is 92.00% and -89.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-208.25%).
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Adagio Medical Holdings Inc (ADGM) Top Institutional Holders
18.0 institutions hold shares in Adagio Medical Holdings Inc (ADGM), with institutional investors hold 81.09% of the company’s shares. The shares outstanding are 15.20M, and float is at 15.10M with Short Float at 0.55%. Institutions hold 80.85% of the Float.
Adagio Medical Holdings Inc (ADGM) Insider Activity
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