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As of close of business last night, Summit Therapeutics Inc’s stock clocked out at $20.24, down -2.17% from its previous closing price of $20.69. In other words, the price has decreased by -$2.17 from its previous closing price. On the day, 1.72 million shares were traded. SMMT stock price reached its highest trading level at $20.63 during the session, while it also had its lowest trading level at $19.7.
Ratios:
To gain a deeper understanding of SMMT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.15 and its Current Ratio is at 10.15. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
On March 12, 2025, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $30.
On February 28, 2025, Goldman started tracking the stock assigning a Buy rating and target price of $42.Goldman initiated its Buy rating on February 28, 2025, with a $42 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 Mar 27 ’24 when Zanganeh Mahkam bought 54,321 shares for $3.72 per share. The transaction valued at 201,874 led to the insider holds 24,923,800 shares of the business.
Zanganeh Mahkam bought 26,000 shares of SMMT for $96,720 on Mar 27 ’24. The Chief Executive Officer now owns 520,814 shares after completing the transaction at $3.72 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMMT now has a Market Capitalization of 15262600192 and an Enterprise Value of 14525506560.
Stock Price History:
The Beta on a monthly basis for SMMT is -0.53, which has changed by 4.397333 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, SMMT has reached a high of $33.89, while it has fallen to a 52-week low of $2.10. The 50-Day Moving Average of the stock is -0.27%, while the 200-Day Moving Average is calculated to be 19.54%.
Shares Statistics:
It appears that SMMT traded 2.43M shares on average per day over the past three months and 2175760 shares per day over the past ten days. A total of 737.63M shares are outstanding, with a floating share count of 115.12M. Insiders hold about 84.39% of the company’s shares, while institutions hold 12.61% stake in the company. Shares short for SMMT as of 1740700800 were 21632544 with a Short Ratio of 8.91, compared to 1738281600 on 20855847. Therefore, it implies a Short% of Shares Outstanding of 21632544 and a Short% of Float of 18.17.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
