ADAG

Adagene
ADAG

$2.52
0.4%

Market Cap: 111M

 

About: Adagene Inc platform-driven, clinical-stage biopharmaceutical company engaged in transforming the discovery and development of novel antibody-based cancer immunotherapies. It is principally engaged in research, development and production of monoclonal antibody drugs for cancers. The company's platform is designed to generate therapeutic antibody candidates with functional epitopes and species cross-reactivity as highlighted by the company's immunotherapy pipeline.

Employees: 174

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

600% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 0

121% more capital invested

Capital invested by funds: $15.5M [Q4 2023] → $34.3M (+$18.8M) [Q1 2024]

55% more funds holding

Funds holding: 11 [Q4 2023] → 17 (+6) [Q1 2024]

50% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 2

9.45% more ownership

Funds ownership: 13.02% [Q4 2023] → 22.47% (+9.45%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target
$5
98%
upside
Avg. target
$5
98%
upside
High target
$5
98%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
HC Wainwright & Co.
Arthur He
98%upside
$5
Buy
Reiterated
22 Jul 2024

Financial journalist opinion