Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Adicet Bio Inc (NASDAQ: ACET) closed at $0.61 in the last session, down -2.49% from day before closing price of $0.63. In other words, the price has decreased by -$2.49 from its previous closing price. On the day, 0.75 million shares were traded. ACET stock price reached its highest trading level at $0.65 during the session, while it also had its lowest trading level at $0.605.
Ratios:
We take a closer look at ACET’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 9.34 and its Current Ratio is at 9.34. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.08.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACET now has a Market Capitalization of 50452856 and an Enterprise Value of -83741128.
Stock Price History:
The Beta on a monthly basis for ACET is 1.64, which has changed by -0.44545454 over the last 52 weeks, in comparison to a change of 0.12632763 over the same period for the S&P500. Over the past 52 weeks, ACET has reached a high of $1.70, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -9.35%, while the 200-Day Moving Average is calculated to be -35.91%.
Shares Statistics:
According to the various share statistics, ACET traded on average about 538.30K shares per day over the past 3-months and 423550 shares per day over the past 10 days. A total of 82.71M shares are outstanding, with a floating share count of 65.35M. Insiders hold about 20.99% of the company’s shares, while institutions hold 49.04% stake in the company. Shares short for ACET as of 1749772800 were 2891936 with a Short Ratio of 5.37, compared to 1747267200 on 2366713. Therefore, it implies a Short% of Shares Outstanding of 2891936 and a Short% of Float of 4.68.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
