Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Adc Therapeutics SA’s stock clocked out at $2.50, up 2.88% from its previous closing price of $2.43. In other words, the price has increased by $2.88 from its previous closing price. On the day, 0.72 million shares were traded.
Ratios:
To gain a deeper understanding of ADCT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.16 and its Current Ratio is at 4.46.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stephens on November 08, 2024, initiated with a Overweight rating and assigned the stock a target price of $6.
On March 28, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $11.Guggenheim initiated its Buy rating on March 28, 2024, with a $11 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 11 ’24 when Redmile Group, LLC bought 100,000 shares for $3.04 per share. The transaction valued at 304,500 led to the insider holds 15,666,731 shares of the business.
Redmile Group, LLC bought 100,000 shares of ADCT for $304,500 on Dec 11 ’24. The 10% Owner now owns 13,145,712 shares after completing the transaction at $3.04 per share. On Dec 04 ’24, another insider, Redmile Group, LLC, who serves as the 10% Owner of the company, sold 25,352 shares for $2.07 each. As a result, the insider received 52,479 and left with 15,566,731 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.27.
Stock Price History:
Over the past 52 weeks, ADCT has reached a high of $4.13, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is 65.61%, while the 200-Day Moving Average is calculated to be 14.68%.
Shares Statistics:
A total of 99.18M shares are outstanding, with a floating share count of 77.91M. Insiders hold about 21.45% of the company’s shares, while institutions hold 53.62% stake in the company.
