Adamis Pharmaceuticals Corp. (ADMP) Trading Down 4.4%
Adamis Pharmaceuticals Corp. (NASDAQ:ADMP) fell 4.4% during mid-day trading on Tuesday . The stock traded as low as $2.82 and last traded at $2.84, with a volume of 575,883 shares. The stock had previously closed at $2.97.
Separately, Maxim Group restated a “buy” rating on shares of Adamis Pharmaceuticals Corp. in a report on Tuesday, May 10th.
The firm’s 50 day moving average price is $2.86 and its 200 day moving average price is $5.24. The stock’s market capitalization is $60.15 million.
Adamis Pharmaceuticals Corporation is a pharmaceutical company. The Company is engaged in the development of its specialty pharmaceutical products. The Company is developing various products in the allergy and respiratory markets, including a dry powder inhaler technology that it acquired from 3M Company (3M).
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