This trade activity should not be overlooked: Adaptive Biotechnologies Corp (ADPT)

With 1.05 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.46 million shares. The 52-week range on ADPT shows that it touched its highest point at $9.08 and its lowest point at $2.61 during that stretch. It currently has a 1-year price target of $6.83. Beta for the stock currently stands at 1.24.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ADPT was down-trending over the past week, with a drop of -4.49%, but this was down by -26.05% over a month. Three-month performance dropped to -39.18% while six-month performance fell -45.32%. The stock lost -64.61% in the past year, while it has lost -39.18% so far this year. A look at the trailing 12-month EPS for ADPT yields -1.56 with Next year EPS estimates of -1.08. For the next quarter, that number is -0.35. This implies an EPS growth rate of 15.91% for this year and 17.73% for next year. EPS is expected to grow by 21.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -32.91%.

Float and Shares Shorts:

At present, 145.08 million ADPT shares are outstanding with a float of 138.51 million shares on hand for trading. On Mar 15, 2024, short shares totaled 8.46 million, which was 5.83% higher than short shares on Feb 15, 2024. In addition to ADP as the firm’s Automatic Data Processing, Inc., AVPT serves as its AvePoint, Inc.

Institutional Ownership:

Through their ownership of 97.60% of ADPT’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ADPT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, ADPT has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and ADPT currently yields $0.00. In the past year, ADPT’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, ADPT has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.