Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of Summit Therapeutics Inc (NASDAQ: SMMT) closed at $19.29 in the last session, down -5.07% from day before closing price of $20.32. In other words, the price has decreased by -$5.07 from its previous closing price. On the day, 2.45 million shares were traded. SMMT stock price reached its highest trading level at $19.86 during the session, while it also had its lowest trading level at $18.8855.
Ratios:
We take a closer look at SMMT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 10.15 and its Current Ratio is at 10.15. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 the company, Citigroup on March 26, 2025, Upgraded its rating to Buy and sets its target price to $35 from $23 previously.
On March 12, 2025, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $30.Evercore ISI initiated its Outperform rating on March 12, 2025, with a $30 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMMT now has a Market Capitalization of 14974133248 and an Enterprise Value of 13824710656.
Stock Price History:
The Beta on a monthly basis for SMMT is -0.48, which has changed by 4.01039 over the last 52 weeks, in comparison to a change of 0.077997446 over the same period for the S&P500. Over the past 52 weeks, SMMT has reached a high of $33.89, while it has fallen to a 52-week low of $2.10. The 50-Day Moving Average of the stock is -5.77%, while the 200-Day Moving Average is calculated to be 12.31%.
Shares Statistics:
According to the various share statistics, SMMT traded on average about 2.42M shares per day over the past 3-months and 2019350 shares per day over the past 10 days. A total of 737.63M shares are outstanding, with a floating share count of 115.12M. Insiders hold about 84.39% of the company’s shares, while institutions hold 12.61% stake in the company. Shares short for SMMT as of 1741910400 were 21221508 with a Short Ratio of 8.75, compared to 1739491200 on 21449700. Therefore, it implies a Short% of Shares Outstanding of 21221508 and a Short% of Float of 17.83.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
