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Adamis Pharmaceuticals (ADMP) Jumps: Stock Rises 5.3%

Zacks Equity Research

Adamis Pharmaceuticals Corporation ADMP was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $2.27 to $3.05 in the past one-month time frame.

The company has not seen any estimate revision in the past month, while the Zacks Consensus Estimate has moved lower over the same time frame, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Adamis Pharmaceuticals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Adamis Pharmaceuticals Corporation Price

Adamis Pharmaceuticals Corporation Price | Adamis Pharmaceuticals Corporation Quote

Investors interested in the Medical - Drugs industry may consider Melinta Therapeutics, Inc. MLNT, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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