In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The closing price of Adicet Bio Inc (NASDAQ: ACET) was $0.61 for the day, up 27.49% from the previous closing price of $0.48. In other words, the price has increased by $27.49 from its previous closing price. On the day, 3.96 million shares were traded.
Ratios:
Our analysis of ACET’s different ratios will help us gain a deeper understanding of the company. 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.
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 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.
Stock Price History:
Over the past 52 weeks, ACET has reached a high of $1.73, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -12.37%, while the 200-Day Moving Average is calculated to be -43.47%.
Shares Statistics:
A total of 82.71M shares are outstanding, with a floating share count of 65.38M. Insiders hold about 20.96% of the company’s shares, while institutions hold 50.38% stake in the company.
