In last trading session, Adaptimmune Therapeutics Plc ADR (NASDAQ:ADAP) saw 2.24 million shares changing hands with its beta currently measuring 2.27. Company’s recent per share price level of $1.30 trading at $0.07 or 5.69% at ring of the bell on the day assigns it a market valuation of $332.15M. That closing price of ADAP’s stock is at a discount of -57.69% from its 52-week high price of $2.05 and is indicating a premium of 67.69% from its 52-week low price of $0.42. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.67 million shares which gives us an average trading volume of 1.62 million if we extend that period to 3-months.
For Adaptimmune Therapeutics Plc ADR (ADAP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.89. Splitting up the data highlights that, out of 6 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
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Adaptimmune Therapeutics Plc ADR (NASDAQ:ADAP) trade information
Upright in the green during last session for gaining 5.69%, in the last five days ADAP remained trading in the green while hitting it’s week-highest on Thursday, 07/25/24 when the stock touched $1.30 price level, adding 2.26% to its value on the day. Adaptimmune Therapeutics Plc ADR’s shares saw a change of 63.93% in year-to-date performance and have moved 10.17% in past 5-day. Adaptimmune Therapeutics Plc ADR (NASDAQ:ADAP) showed a performance of 50.13% in past 30-days. Number of shares sold short was 6.3 million shares which calculate 3.41 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 56.67% to its current value. Analysts have been projecting 1 as a low price target for the stock while placing it at a high target of 3.15. It follows that stock’s current price would jump 23.08% in reaching the projected high whereas dropping to the targeted low would mean a gain of 23.08% for stock’s current value.
Adaptimmune Therapeutics Plc ADR (ADAP) estimates and forecasts
Statistics highlight that Adaptimmune Therapeutics Plc ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company added 81.82% of value to its shares in past 6 months, showing an annual growth rate of 3.17% while that of industry is 15.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 10.30% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -649.87% while estimates for its earnings growth in next 5 years are of 1.00%.
ADAP Dividends
Adaptimmune Therapeutics Plc ADR is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Adaptimmune Therapeutics Plc ADR (NASDAQ:ADAP)’s Major holders
Insiders are in possession of 0.39% of company’s total shares while institution are holding 64.69 percent of that, with stock having share float percentage of 64.94%. Investors also watch the number of corporate investors in a company very closely, which is 64.69% institutions for Adaptimmune Therapeutics Plc ADR that are currently holding shares of the company. MATRIX CAPITAL MANAGEMENT COMPANY, LP is the top institutional holder at ADAP for having 38.97 million shares of worth $61.58 million. And as of 2024-03-31, it was holding 17.1608 of the company’s outstanding shares.
The second largest institutional holder is ECOR1 CAPITAL, LLC, which was holding about 27.4 million shares on 2024-03-31. The number of shares represents firm’s hold over 12.0663 of outstanding shares, having a total worth of $43.3 million.
