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In the latest session, Adaptive Biotechnologies Corp (NASDAQ: ADPT) closed at $4.69 up 7.32% from its previous closing price of $4.37. In other words, the price has increased by $7.32 from its previous closing price. On the day, 2.33 million shares were traded. ADPT stock price reached its highest trading level at $4.7 during the session, while it also had its lowest trading level at $4.29.
Ratios:
For a deeper understanding of Adaptive Biotechnologies Corp’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 18 ’24 when PISKEL KYLE sold 248 shares for $4.98 per share. The transaction valued at 1,235 led to the insider holds 154,330 shares of the business.
Taylor Stacy L sold 26,922 shares of ADPT for $121,079 on Aug 22 ’24. The SVP and General Counsel now owns 139,365 shares after completing the transaction at $4.50 per share. On Aug 22 ’24, another insider, STACY L TAYLOR, who serves as the Officer of the company, bought 26,922 shares for $4.50 each.
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 692145536 and an Enterprise Value of 673144768. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.19 while its Price-to-Book (P/B) ratio in mrq is 3.09. Its current Enterprise Value per Revenue stands at 3.797 whereas that against EBITDA is -4.581.
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 -5.50%, while the 200-Day Moving Average is calculated to be 17.27%.
Shares Statistics:
For the past three months, ADPT has traded an average of 1.05M shares per day and 1534440 over the past ten days. 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 92.16% stake in the company. Shares short for ADPT as of 1730332800 were 8963251 with a Short Ratio of 8.52, compared to 1727654400 on 9914248. Therefore, it implies a Short% of Shares Outstanding of 8963251 and a Short% of Float of 7.8.
