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Shares of ADMS Down 25.7% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Adamas Pharmaceu (NASDAQ:ADMS) on March 6th, 2019 at $8.08. In approximately 2 months, Adamas Pharmaceu has returned 25.70% as of today's recent price of $6.00.

Adamas Pharmaceu share prices have moved between a 52-week high of $32.90 and the current low of $5.87 and are currently at $6.00 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.9% while the 200-day MA has slid 2.3%.

Adamas Pharmaceuticals, Inc. is a specialty pharmaceutical company. The Company develops drugs to improve the lives of those affected by chronic disorders of the central nervous system. Adamas Pharmaceuticals seeks to achieve this by modifying the pharmacokinetic profiles of approved drugs to create novel therapeutics for use alone and in fixed-dose combination products.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Adamas Pharmaceu.

Log in and add Adamas Pharmaceu (ADMS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights adamas pharmaceu

Ticker(s): ADMS