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In the latest session, Adaptive Biotechnologies Corp (NASDAQ: ADPT) closed at $4.26 down -8.39% from its previous closing price of $4.65. In other words, the price has decreased by -$8.39 from its previous closing price. On the day, 0.67 million shares were traded. ADPT stock price reached its highest trading level at $4.71 during the session, while it also had its lowest trading level at $4.26.
Ratios:
For a deeper understanding of Adaptive Biotechnologies Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.84 and its Current Ratio is at 3.99. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.90.
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:
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 Aug 22 ’24 when Taylor Stacy L sold 26,922 shares for $4.50 per share. The transaction valued at 121,079 led to the insider holds 139,365 shares of the business.
STACY L TAYLOR bought 26,922 shares of ADPT for $121,079 on Aug 22 ’24. On Mar 05 ’24, another insider, PISKEL KYLE, who serves as the Principal Accounting Officer of the company, sold 7,727 shares for $3.43 each. As a result, the insider received 26,504 and left with 123,318 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, ADPT now has a Market Capitalization of 628230784 and an Enterprise Value of 619950720. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.72 while its Price-to-Book (P/B) ratio in mrq is 2.60. Its current Enterprise Value per Revenue stands at 3.673 whereas that against EBITDA is -3.778.
Stock Price History:
Over the past 52 weeks, ADPT has reached a high of $6.34, while it has fallen to a 52-week low of $2.28. The 50-Day Moving Average of the stock is -4.47%, while the 200-Day Moving Average is calculated to be 9.98%.
Shares Statistics:
For the past three months, ADPT has traded an average of 1.29M shares per day and 835760 over the past ten days. A total of 145.08M shares are outstanding, with a floating share count of 142.33M. Insiders hold about 3.48% of the company’s shares, while institutions hold 96.45% stake in the company. Shares short for ADPT as of 1724976000 were 9707406 with a Short Ratio of 7.55, compared to 1722384000 on 10946975. Therefore, it implies a Short% of Shares Outstanding of 9707406 and a Short% of Float of 8.450000000000001.
