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The price of Adaptive Biotechnologies Corp (NASDAQ: ADPT) closed at $4.45 in the last session, down -1.55% from day before closing price of $4.52. In other words, the price has decreased by -$1.55 from its previous closing price. On the day, 0.61 million shares were traded. ADPT stock price reached its highest trading level at $4.665 during the session, while it also had its lowest trading level at $4.44.
Ratios:
We take a closer look at ADPT’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 696068992 and an Enterprise Value of 590456320. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.89 while its Price-to-Book (P/B) ratio in mrq is 2.72. Its current Enterprise Value per Revenue stands at 3.499 whereas that against EBITDA is -3.598.
Stock Price History:
Over the past 52 weeks, ADPT has reached a high of $5.80, while it has fallen to a 52-week low of $2.28. The 50-Day Moving Average of the stock is -5.18%, while the 200-Day Moving Average is calculated to be 14.78%.
Shares Statistics:
According to the various share statistics, ADPT traded on average about 1.14M shares per day over the past 3-months and 813650 shares per day over the past 10 days. A total of 145.08M shares are outstanding, with a floating share count of 142.33M. Insiders hold about 3.49% of the company’s shares, while institutions hold 96.62% stake in the company. Shares short for ADPT as of 1728950400 were 9476574 with a Short Ratio of 8.29, compared to 1726185600 on 9630469. Therefore, it implies a Short% of Shares Outstanding of 9476574 and a Short% of Float of 8.25.
