Adamas One (NASDAQ:JEWL) Shares Up 191.7% – Here’s Why

Adamas One Corp. (NASDAQ:JEWLGet Free Report) shares rose 191.7% during mid-day trading on Wednesday . The company traded as high as $0.18 and last traded at $0.14. Approximately 254,863 shares traded hands during trading, an increase of 70% from the average daily volume of 150,092 shares. The stock had previously closed at $0.05.

Adamas One Stock Performance

The stock’s fifty day simple moving average is $0.23 and its 200-day simple moving average is $0.30.

Adamas One (NASDAQ:JEWLGet Free Report) last released its quarterly earnings results on Monday, August 26th. The company reported ($0.15) earnings per share for the quarter. The company had revenue of $0.01 million for the quarter.

About Adamas One

(Get Free Report)

Adamas One Corp., a diamond company, produces single crystal diamonds and diamond materials for diamond jewelry industry and industrial markets in the United States and internationally. The company was incorporated in 2018 and is based in Scottsdale, Arizona.

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