With 1.68 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.63 million shares. The 52-week range on ADAP shows that it touched its highest point at $2.05 and its lowest point at $0.52 during that stretch. It currently has a 1-year price target of $2.71. Beta for the stock currently stands at 2.50.
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 ADAP was down-trending over the past week, with a drop of -3.49%, but this was down by -7.30% over a month. Three-month performance dropped to -22.54% while six-month performance fell -56.45%. The stock lost -68.42% in the past year, while it has gained 0.24% so far this year. A look at the trailing 12-month EPS for ADAP yields -0.21 with Next year EPS estimates of -0.08. For the next quarter, that number is -0.03. This implies an EPS growth rate of 71.06% for this year and -222.07% for next year.
Float and Shares Shorts:
At present, 255.70 million ADAP shares are outstanding with a float of 226.47 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ADAP since 6 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.00744286 being high and -$0.03721429 being low. For ADAP, this leads to a yearly average estimate of -$0.02605. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
