ADMA Biologics saw its IBD SmartSelect Composite Rating rise to 96 Monday, up from 94 the day before.
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The upgrade means the stock is now outperforming 96% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
ADMA Biologics is not currently near a proper buy zone. See if the stock goes on to form a new chart pattern and offer a new buying opportunity.
The stock has an 80 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 80% of all stocks.
Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
The company posted a 75% rise in earnings for Q1. Top line growth fell to 40%, down from 59% in the prior quarter.
ADMA Biologics holds the No. 3 rank among its peers in the Medical-Biomed/Biotech industry group. Exelixis is the top-ranked stock within the group.
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