For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Adaptive Biotechnologies Corp (NASDAQ: ADPT) was $8.16 for the day, down -2.39% from the previous closing price of $8.36. In other words, the price has decreased by -$2.39 from its previous closing price. On the day, 0.87 million shares were traded.
Ratios:
Our analysis of ADPT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.81 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.39.
On January 05, 2023, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $15.
Piper Sandler Upgraded its Neutral to Overweight on December 21, 2022, whereas the target price for the stock was revised from $7.50 to $14.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 19 ’25 when ROBINS CHAD M sold 186,080 shares for $8.46 per share. The transaction valued at 1,574,237 led to the insider holds 2,576,701 shares of the business.
ROBINS CHAD M sold 99,107 shares of ADPT for $836,463 on Feb 20 ’25. The CEO and Chairman now owns 2,576,701 shares after completing the transaction at $8.44 per share. On Feb 20 ’25, another insider, Chad Robins, who serves as the Officer of the company, bought 99,107 shares for $8.37 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.73 while its Price-to-Book (P/B) ratio in mrq is 5.96.
Stock Price History:
Over the past 52 weeks, ADPT has reached a high of $8.95, while it has fallen to a 52-week low of $2.28. The 50-Day Moving Average of the stock is 11.61%, while the 200-Day Moving Average is calculated to be 56.82%.
Shares Statistics:
A total of 147.77M shares are outstanding, with a floating share count of 142.73M. Insiders hold about 3.28% of the company’s shares, while institutions hold 97.86% stake in the company.
