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 $2.10 on 05/28/24.
52-week price history of SMMT Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Summit Therapeutics Inc’s current trading price is -46.39% away from its 52-week high, while its distance from the 52-week low is 765.24%. The stock’s price range during the 52-week period has remained between $2.10 and $33.89. In the Healthcare sector, the company’s shares saw a trading volume of around 0.97 million for the day, which was evidently lower than the average daily volume of 2.9 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 decline of -25.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.39B 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 18.16, with a change in price of +7.62. Similarly, Summit Therapeutics Inc recorded 3,947,420 in trading volume during the last 100 days, posting a change of +71.28%.
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
Summit Therapeutics Inc’s raw stochastic average for the past 50 days is presently 22.26%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 59.27%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 43.08% and 45.71%, respectively.
SMMT Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a gain of 596.17%.However, over the last six months, we can see a weaker performance of 129.13%. Over the last 30 days, the price of SMMT has leaped by -9.15%. And in the last five days, it has surged by 1.68%.
