Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, Adicet Bio Inc (NASDAQ: ACET) closed at $0.54 up 20.11% from its previous closing price of $0.45. In other words, the price has increased by $20.11 from its previous closing price. On the day, 2.42 million shares were traded. ACET stock price reached its highest trading level at $0.5378 during the session, while it also had its lowest trading level at $0.47.
Ratios:
For a deeper understanding of Adicet Bio Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.29 and its Current Ratio is at 9.29. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
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 Jun 05 ’24 when Kauffman Michael sold 5,900 shares for $1.43 per share. The transaction valued at 8,437 led to the insider holds 5,900 shares of the business.
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 44402276 and an Enterprise Value of -114666752.
Stock Price History:
The Beta on a monthly basis for ACET is 1.91, which has changed by -0.7559091 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, ACET has reached a high of $2.35, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -35.05%, while the 200-Day Moving Average is calculated to be -52.90%.
Shares Statistics:
For the past three months, ACET has traded an average of 788.70K shares per day and 767630 over the past ten days. A total of 82.57M shares are outstanding, with a floating share count of 65.36M. Insiders hold about 20.96% of the company’s shares, while institutions hold 50.68% stake in the company. Shares short for ACET as of 1743379200 were 2852042 with a Short Ratio of 3.62, compared to 1740700800 on 3142965. Therefore, it implies a Short% of Shares Outstanding of 2852042 and a Short% of Float of 5.75.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
