Adaptimmune Therapeutics Plc ADR [NASDAQ: ADAP] loss -23.28% or -0.18 points to close at $0.59 with a heavy trading volume of 14501637 shares.
The daily chart for ADAP points out that the company has recorded -50.73% loss over the past six months.
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If we look at the average trading volume of 1.12M shares, ADAP reached to a volume of 14501637 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Adaptimmune Therapeutics Plc ADR [ADAP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ADAP shares is $2.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ADAP stock is a recommendation set at 1.89. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for Adaptimmune Therapeutics Plc ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 30, 2024. While these analysts kept the previous recommendation, Scotiabank raised their target price to Sector Outperform. The new note on the price target was released on May 30, 2024, representing the official price target for Adaptimmune Therapeutics Plc ADR stock. Previously, the target price had yet another raise to $3.60, while Bryan Garnier analysts kept a Buy rating on ADAP stock.
The Average True Range (ATR) for Adaptimmune Therapeutics Plc ADR is set at 0.07, with the Price to Sales ratio for ADAP stock in the period of the last 12 months amounting to 1.07. The Price to Book ratio for the last quarter was 1.57, with the Price to Cash per share for the same quarter was set at 0.84.
Trading performance analysis for ADAP stock
Adaptimmune Therapeutics Plc ADR [ADAP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -23.90. With this latest performance, ADAP shares dropped by -32.12% in over the last four-week period, additionally sinking by -50.73% over the last 6 months – not to mention a rise of 19.63% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ADAP stock in for the last two-week period is set at 26.53, with the RSI for the last a single of trading hit 22.19, and the three-weeks RSI is set at 29.93 for Adaptimmune Therapeutics Plc ADR [ADAP]. The present Moving Average for the last 50 days of trading for this stock 0.8887, while it was recorded at 0.7553 for the last single week of trading, and 1.1282 for the last 200 days.
Adaptimmune Therapeutics Plc ADR [ADAP]: A deeper dive into fundamental analysis
Adaptimmune Therapeutics Plc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.09 and a Current Ratio set at 3.09.
Adaptimmune Therapeutics Plc ADR [ADAP]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ADAP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Adaptimmune Therapeutics Plc ADR go to 1.00%.
An analysis of Institutional ownership at Adaptimmune Therapeutics Plc ADR [ADAP]
There are presently around $62.02%, or 62.25%% of ADAP stock, in the hands of institutional investors. The top three institutional holders of ADAP stocks are: MATRIX CAPITAL MANAGEMENT COMPANY, LP with ownership of 38.97 million shares, which is approximately 16.1135%. ECOR1 CAPITAL, LLC, holding 27.4 million shares of the stock with an approximate value of $$26.72 million in ADAP stocks shares; and ECOR1 CAPITAL, LLC, currently with $$16.65 million in ADAP stock with ownership which is approximately 7.0614%.
