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The closing price of Summit Therapeutics Inc (NASDAQ: SMMT) was $21.28 for the day, up 3.30% from the previous closing price of $20.6. In other words, the price has increased by $3.30 from its previous closing price. On the day, 2.14 million shares were traded. SMMT stock price reached its highest trading level at $21.31 during the session, while it also had its lowest trading level at $20.325.
Ratios:
Our analysis of SMMT’s different ratios will help us gain a deeper understanding of the company. 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 15803932672 and an Enterprise Value of 15449065472.
Stock Price History:
The Beta on a monthly basis for SMMT is -1.03, which has changed by 1.8222811 over the last 52 weeks, in comparison to a change of 0.12632763 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 -8.98%, while the 200-Day Moving Average is calculated to be 1.28%.
Shares Statistics:
SMMT traded an average of 4.98M shares per day over the past three months and 3696130 shares per day over the past ten 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 13.16% stake in the company. Shares short for SMMT as of 1749772800 were 30530476 with a Short Ratio of 6.13, compared to 1747267200 on 25729979. Therefore, it implies a Short% of Shares Outstanding of 30530476 and a Short% of Float of 26.169999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
