Summit Therapeutics Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $33.89 on 09/16/24, while the lowest price for the same duration was marked at $2.05 on 12/11/23.
52-week price history of SMMT Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Summit Therapeutics Inc’s current trading price is -47.12% away from its 52-week high, while its distance from the 52-week low is 774.14%. The stock’s price range during this period has spanned from $2.05 to $33.89. In the Healthcare sector, the Summit Therapeutics Inc’s shares surpassed a trading volume of approximately 2.65 million for the day, which was noticeably lower compared to the average daily volume of 9.5.14 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Summit Therapeutics Inc (SMMT) has experienced a quarterly rise of 49.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.21B and boasts a workforce of 105 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.19, with a change in price of +9.33. Similarly, Summit Therapeutics Inc recorded 3,966,894 in trading volume during the last 100 days, posting a change of +109.18%.
Examining SMMT’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for SMMT stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.01.
SMMT Stock Stochastic Average
Today’s raw stochastic average for Summit Therapeutics Inc over the last 50 days is 16.41%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 22.71%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 14.16% and 14.72%, respectively.
SMMT Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price increase of 586.59%. However, over the past six months, we’ve seen a weaker performance of 145.31%. The price of SMMT leaped by -5.64% over the last 30 days. And in the last five days, it has fallen by -6.62%.
