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.
In the latest session, Adicet Bio Inc (NASDAQ: ACET) closed at $0.61 down -1.14% from its previous closing price of $0.61. In other words, the price has decreased by -$1.14 from its previous closing price. On the day, 0.55 million shares were traded. ACET stock price reached its highest trading level at $0.6222 during the session, while it also had its lowest trading level at $0.58.
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 9.34 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 50204728 and an Enterprise Value of -83741128.
Stock Price History:
The Beta on a monthly basis for ACET is 1.58, which has changed by -0.48119658 over the last 52 weeks, in comparison to a change of 0.12677538 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 -10.21%, while the 200-Day Moving Average is calculated to be -35.34%.
Shares Statistics:
For the past three months, ACET has traded an average of 550.86K shares per day and 455310 over the past ten 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 5.25, 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