Adagio Medical Holdings Inc [NASDAQ: ADGM] price surged by 92.81 percent to reach at $0.86.
Guru’s Opinion on Adagio Medical Holdings Inc [ADGM]:
The Average True Range (ATR) for Adagio Medical Holdings Inc is set at 0.26, with the Price to Sales ratio for ADGM stock in the period of the last 12 months amounting to 45.63. The Price to Book ratio for the last quarter was 1.36, with the Price to Cash per share for the same quarter was set at 1.34.
ADGM Stock Performance Analysis:
Adagio Medical Holdings Inc [ADGM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 128.21. With this latest performance, ADGM shares gained by 97.12% in over the last four-week period, additionally sinking by -35.27% over the last 6 months – not to mention a drop of -84.11% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ADGM stock in for the last two-week period is set at 79.61, with the RSI for the last a single of trading hit 88.76, and the three-weeks RSI is set at 71.15 for Adagio Medical Holdings Inc [ADGM]. The present Moving Average for the last 50 days of trading for this stock 1.0438, while it was recorded at 1.0331 for the last single week of trading.
Insight into Adagio Medical Holdings Inc Fundamentals:
Adagio Medical Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.93 and a Current Ratio set at 3.27.
Adagio Medical Holdings Inc [ADGM] Institutonal Ownership Details
There are presently around $80.85%, or 81.09%% of ADGM stock, in the hands of institutional investors.
