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The closing price of Adaptimmune Therapeutics Plc ADR (NASDAQ: ADAP) was $1.27 for the day, up 2.01% from the previous closing price of $1.25. In other words, the price has increased by $2.01 from its previous closing price. On the day, 1.39 million shares were traded. ADAP stock price reached its highest trading level at $1.3 during the session, while it also had its lowest trading level at $1.23.
Ratios:
Our analysis of ADAP’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 2.81. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.76.
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, Scotiabank on May 30, 2024, initiated with a Sector Outperform rating and assigned the stock a target price of $3.15.
On March 24, 2023, Bryan Garnier started tracking the stock assigning a Buy rating and target price of $3.60.
Guggenheim Upgraded its Neutral to Buy on January 03, 2023, while the target price for the stock was maintained at $5.
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 Jun 18 ’24 when Piccina Cintia sold 24,531 shares for $0.93 per share. The transaction valued at 22,814 led to the insider holds 38,293 shares of the business.
Rawcliffe Adrian sold 30,080 shares of ADAP for $20,244 on Jan 17 ’24. The Chief Executive Officer now owns 44,848 shares after completing the transaction at $0.67 per share. On Jan 17 ’24, another insider, Bertrand William C JR, who serves as the Chief Operating Officer of the company, sold 18,908 shares for $0.67 each. As a result, the insider received 12,725 and left with 7,785 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADAP now has a Market Capitalization of 324563744 and an Enterprise Value of 1827422336. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.70 while its Price-to-Book (P/B) ratio in mrq is 13.31. Its current Enterprise Value per Revenue stands at 99.544 whereas that against EBITDA is -9.937.
Stock Price History:
The Beta on a monthly basis for ADAP is 2.32, which has changed by 0.22115386 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, ADAP has reached a high of $2.05, while it has fallen to a 52-week low of $0.42. The 50-Day Moving Average of the stock is 18.67%, while the 200-Day Moving Average is calculated to be 32.09%.
Shares Statistics:
ADAP traded an average of 1.64M shares per day over the past three months and 2021930 shares per day over the past ten days. A total of 227.17M shares are outstanding, with a floating share count of 226.10M. Insiders hold about 11.50% of the company’s shares, while institutions hold 51.93% stake in the company. Shares short for ADAP as of 1719532800 were 5641870 with a Short Ratio of 3.44, compared to 1717113600 on 4621117. Therefore, it implies a Short% of Shares Outstanding of 5641870 and a Short% of Float of 3.3099998.
