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Adaptive Biotechnologies Corp (NASDAQ: ADPT) closed the day trading at $4.68 down -7.87% from the previous closing price of $5.08. In other words, the price has decreased by -$7.87 from its previous closing price. On the day, 1.39 million shares were traded. ADPT stock price reached its highest trading level at $5.1 during the session, while it also had its lowest trading level at $4.66.
Ratios:
For a better understanding of ADPT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.38 and its Current Ratio is at 3.52. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.96.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 690669760 and an Enterprise Value of 730700800. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.55 while its Price-to-Book (P/B) ratio in mrq is 3.09. Its current Enterprise Value per Revenue stands at 4.122 whereas that against EBITDA is -4.973.
Stock Price History:
Over the past 52 weeks, ADPT has reached a high of $6.70, while it has fallen to a 52-week low of $2.28. The 50-Day Moving Average of the stock is -5.55%, while the 200-Day Moving Average is calculated to be 17.53%.
Shares Statistics:
Over the past 3-months, ADPT traded about 1.04M shares per day on average, while over the past 10 days, ADPT traded about 1282450 shares per day. A total of 145.08M shares are outstanding, with a floating share count of 142.73M. Insiders hold about 3.29% of the company’s shares, while institutions hold 92.14% stake in the company. Shares short for ADPT as of 1730332800 were 8963251 with a Short Ratio of 8.63, compared to 1727654400 on 9914248. Therefore, it implies a Short% of Shares Outstanding of 8963251 and a Short% of Float of 7.8.
