Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Adaptive Biotechnologies Corp (NASDAQ: ADPT) was $7.35 for the day, down -5.41% from the previous closing price of $7.77. In other words, the price has decreased by -$5.41 from its previous closing price. On the day, 2.54 million shares were traded.
Ratios:
Our analysis of ADPT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.81 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 1.04.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 05 ’25 when LO FRANCIS sold 20,875 shares for $6.99 per share. The transaction valued at 145,845 led to the insider holds 332,846 shares of the business.
BOBULSKY SUSAN sold 26,023 shares of ADPT for $181,641 on Mar 05 ’25. The Chief Commercial Officer, MRD now owns 347,238 shares after completing the transaction at $6.98 per share. On Mar 05 ’25, another insider, BENZENO SHARON, who serves as the Chief Commercial Ofc Imm Med of the company, sold 44,665 shares for $6.98 each. As a result, the insider received 311,792 and left with 392,723 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.10 while its Price-to-Book (P/B) ratio in mrq is 5.36.
Stock Price History:
Over the past 52 weeks, ADPT has reached a high of $8.95, while it has fallen to a 52-week low of $2.28. The 50-Day Moving Average of the stock is -2.06%, while the 200-Day Moving Average is calculated to be 37.92%.
Shares Statistics:
A total of 147.77M shares are outstanding, with a floating share count of 141.69M. Insiders hold about 3.14% of the company’s shares, while institutions hold 92.61% stake in the company.
