Daily Progress: Adaptimmune Therapeutics Plc ADR (ADAP) Drop -1.67, Closing at 0.74

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In the latest session, Adaptimmune Therapeutics Plc ADR (NASDAQ: ADAP) closed at $0.74 down -1.67% from its previous closing price of $0.75. In other words, the price has decreased by -$1.67 from its previous closing price. On the day, 1.7 million shares were traded. ADAP stock price reached its highest trading level at $0.788 during the session, while it also had its lowest trading level at $0.7223.

Ratios:

For a deeper understanding of Adaptimmune Therapeutics Plc ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.09 and its Current Ratio is at 3.09. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.44.

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, H.C. Wainwright on July 30, 2024, initiated with a Buy rating and assigned the stock a target price of $4.

On May 30, 2024, Scotiabank started tracking the stock assigning a Sector Outperform rating and 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.Bryan Garnier initiated its Buy rating on March 24, 2023, with a $3.60 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 16 ’24, another insider, Rawcliffe Adrian, who serves as the Chief Executive Officer of the company, sold 9,304 shares for $0.79 each. As a result, the insider received 7,350 and left with 14,104 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 200734240 and an Enterprise Value of 964232576. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.33 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 6.816 whereas that against EBITDA is -13.23.

Stock Price History:

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 -26.79%, while the 200-Day Moving Average is calculated to be -34.68%.

Shares Statistics:

For the past three months, ADAP has traded an average of 1.58M shares per day and 1216800 over the past ten days. A total of 227.17M shares are outstanding, with a floating share count of 226.31M. Insiders hold about 11.49% of the company’s shares, while institutions hold 48.82% stake in the company. Shares short for ADAP as of 1728950400 were 5555099 with a Short Ratio of 3.51, compared to 1726185600 on 7001127. Therefore, it implies a Short% of Shares Outstanding of 5555099 and a Short% of Float of 3.26.

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