During the recent session, Adaptimmune Therapeutics Plc ADR (NASDAQ:ADAP)’s traded shares were 0.84 million, with the beta value of the company hitting 2.18. At the last check today, the stock’s price was $0.58, reflecting an intraday loss of -8.87% or -$0.05. The 52-week high for the ADAP share is $2.05, that puts it down -253.45 from that peak though still a striking 25.86% gain since the share price plummeted to a 52-week low of $0.43. The company’s market capitalization is $147.26M, and the average intraday trading volume over the past 10 days was 2.09 million shares, and the average trade volume was 1.68 million shares over the past three months.
Adaptimmune Therapeutics Plc ADR (ADAP) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.89. ADAP has a Sell rating from 1 analyst(s) out of 6 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.15.
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Adaptimmune Therapeutics Plc ADR (NASDAQ:ADAP) trade information
Adaptimmune Therapeutics Plc ADR (ADAP) registered a -8.87% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -8.87% in intraday trading to $0.58, hitting a weekly high. The stock’s 5-day price performance is -12.55%, and it has moved by -25.32% in 30 days. Based on these gigs, the overall price performance for the year is 13.11%. The short interest in Adaptimmune Therapeutics Plc ADR (NASDAQ:ADAP) is 5.35 million shares and it means that shorts have 4.71 day(s) to cover.
The consensus price target of analysts on Wall Street is $4, which implies an increase of 85.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4 and $4 respectively. As a result, ADAP is trading at a discount of -589.66% off the target high and -589.66% off the low.
Adaptimmune Therapeutics Plc ADR (ADAP) estimates and forecasts
Statistics show that Adaptimmune Therapeutics Plc ADR has outperformed its competitors in share price, compared to the industry in which it operates. Adaptimmune Therapeutics Plc ADR (ADAP) shares have gone down -43.02% during the last six months, with a year-to-date growth rate more than the industry average at 77.78% against 17.10. In the rating firms’ projections, revenue will increase 204.90% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 8.83M as predicted by 9 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 6.3M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 231k and 5.68M respectively. In this case, analysts expect current quarter sales to grow by 3,721.55% and then jump by 10.95% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 10.30%. While earnings are projected to return 70.37% in 2024.
ADAP Dividends
Adaptimmune Therapeutics Plc ADR is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Adaptimmune Therapeutics Plc ADR (NASDAQ:ADAP)’s Major holders
Adaptimmune Therapeutics Plc ADR insiders own 0.38% of total outstanding shares while institutional holders control 60.27%, with the float percentage being 60.49%. MATRIX CAPITAL MANAGEMENT COMPANY, LP is the largest shareholder of the company, while 95.0 institutions own stock in it. As of 2024-06-30, the company held over 38.97 million shares (or 16.1135% of all shares), a total value of $38.0 million in shares.
The next largest institutional holding, with 27.4 million shares, is of ECOR1 CAPITAL, LLC’s that is approximately 11.3299% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $26.72 million.
Also, the Mutual Funds coming in first place with the largest holdings of Adaptimmune Therapeutics Plc ADR (ADAP) shares are SPDR Portfolio Developed World ex-US ETF and SPDR (R) Idx Shares-SPDR (R) S&P (R) International Small Cap ETF. Data provided on Sep 30, 2024 indicates that SPDR Portfolio Developed World ex-US ETF owns about 246.31 shares. This amounts to just over 0.02 percent of the company’s overall shares, with a $0.14 million market value. The same data shows that the other fund manager holds slightly less at 148.38, or about 0.01% of the stock, which is worth about $85321.0.
