During the last session, Adaptive Biotechnologies Corp (NASDAQ:ADPT)’s traded shares were 1.57 million, with the beta value of the company hitting 1.74. At the end of the trading day, the stock’s price was $7.77, reflecting an intraday loss of -3.24% or -$0.26. The 52-week high for the ADPT share is $8.95, that puts it down -15.19 from that peak though still a striking 70.66% gain since the share price plummeted to a 52-week low of $2.28. The company’s market capitalization is $1.15B, and the average trade volume was 1.47 million shares over the past three months.
Adaptive Biotechnologies Corp (ADPT) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 1.50. ADPT has a Sell rating from 1 analyst(s) out of 11 analysts who have looked at this stock. 6 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it.
Adaptive Biotechnologies Corp (NASDAQ:ADPT) trade information
Adaptive Biotechnologies Corp (ADPT) registered a -3.24% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.24% in intraday trading to $7.77, hitting a weekly high. The stock’s 5-day price performance is -4.78%, and it has moved by 5.43% in 30 days. Based on these gigs, the overall price performance for the year is 94.74%.
The consensus price target of analysts on Wall Street is $14, which implies an increase of 44.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $18 respectively. As a result, ADPT is trading at a discount of -131.66% off the target high and 35.65% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -1.51%. While earnings are projected to return 14.13% in 2025, the next five years will return 26.66% per annum.
ADPT Dividends
Adaptive Biotechnologies Corp is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 14.0 million shares, is of RUBRIC CAPITAL MANAGEMENT LP’s that is approximately 9.4971% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $50.68 million.
