3 stories mentioning ADAMUpdated 126d ago
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Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.
Adamas Trust (ADAM) shares fell nearly 1% in Friday afternoon trading after B. Riley downgraded the stock to neutral from buy, with a price target of $9 per share.Trading volume stood at about 962,000 shares, compared with a daily average of almost 729,000.Price: $8.90, Change: $-0.09, Percent Change: -0.95%
Adamas Trust, Inc. (ADAM) has an average rating of overweight and mean price target of $9.05, according to analysts polled by FactSet.Price: $8.86, Change: $-0.12, Percent Change: -1.34%
Adamas Trust (ADAM) shares were up 16.4% in Thursday trading after the real estate investment trust posted better-than-expected Q1 earnings.The company reported earnings of $0.40 per diluted share, compared with $0.33 a year ago.Analysts polled by FactSet expected $0.12.Revenue for the quarter ended March 31, expressed as the sum of total net interest income and total other income, was $129.4 million, compared with $65.1 million a year earlier.A comparable FactSet estimate was not available.Price: $9.00, Change: $+1.25, Percent Change: +16.06%
