Adaptive Biotechnologies Corp (ADPT) concluded trading on Thursday at a closing price of $3.96, with 5.28 million shares of worth about $20.9 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -36.33% during that period and on Thursday the price saw a gain of about 0.51%. Currently the company’s common shares owned by public are about 145.08M shares, out of which, 141.49M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 41 times over the past 12 months. They bought 1,782,855 shares in 19 of the transactions. In 22 selling transactions, insiders dumped 368,686 shares.
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Stock saw a price change of 7.90% in past 5 days and over the past one month there was a price change of -2.22%. Year-to-date (YTD), ADPT shares are showing a performance of -19.18% which decreased to -54.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.61 but also hit the highest price of $10.38 during that period. The average intraday trading volume for Adaptive Biotechnologies Corp shares is 1.34 million. The stock is currently trading 1.86% above its 20-day simple moving average (SMA20), while that difference is down -9.86% for SMA50 and it goes to -30.39% lower than SMA200.
Adaptive Biotechnologies Corp (NASDAQ: ADPT) currently have 145.08M outstanding shares and institutions hold larger chunk of about 95.48% of that.
The stock has a current market capitalization of $573.29M and its 3Y-monthly beta is at 1.25. It has posted earnings per share of -$1.56 in the same period. It has Quick Ratio of 4.50 while making debt-to-equity ratio of 0.32. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ADPT, volatility over the week remained 9.35% while standing at 7.31% over the month.
Analysts are in expectations that Adaptive Biotechnologies Corp (ADPT) stock would likely to be making an EPS of $ADC Therapeutics SA in the current quarter, while forecast for next quarter EPS is $4.97 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Adaptive Biotechnologies Corpor which is $AvePoint, Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Adient plc in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 18.57% while it is estimated to increase by 19.03% in next year. EPS is likely to grow at an annualized rate of 21.60% for next 5-years, compared to annual growth of -32.91% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on July 05, 2023 offering an Overweight rating for the stock and assigned a target price of $15 to it.
