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The price of Summit Therapeutics Inc (NASDAQ: SMMT) closed at $20.39 in the last session, down -0.83%% from day before closing price of $20.56. In other words, the price has decreased by -$0.83% from its previous closing price. On the day, 2.76 million shares were traded. SMMT stock price reached its highest trading level at $20.6 during the session, while it also had its lowest trading level at $19.48.
Ratios:
We take a closer look at SMMT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 10.63 and its Current Ratio is at 10.63. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Leerink Partners on June 11, 2025, initiated with a Underperform rating and assigned the stock a target price of $12.
On March 26, 2025, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $23 to $35.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMMT now has a Market Capitalization of 15261792256 and an Enterprise Value of 14788092928.
Stock Price History:
The Beta on a monthly basis for SMMT is -1.05, which has changed by 1.545568 over the last 52 weeks, in comparison to a change of 0.10163462 over the same period for the S&P500. Over the past 52 weeks, SMMT has reached a high of $36.91, while it has fallen to a 52-week low of $6.78. The 50-Day Moving Average of the stock is -13.65%, while the 200-Day Moving Average is calculated to be -2.34%.
Shares Statistics:
According to the various share statistics, SMMT traded on average about 4.77M shares per day over the past 3-months and 3359780 shares per day over the past 10 days. A total of 741.61M shares are outstanding, with a floating share count of 111.44M. Insiders hold about 84.99% of the company’s shares, while institutions hold 13.17% stake in the company. Shares short for SMMT as of 1748563200 were 24443706 with a Short Ratio of 5.12, compared to 1745971200 on 27194074. Therefore, it implies a Short% of Shares Outstanding of 24443706 and a Short% of Float of 20.950001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0