With 0.87 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.82 million shares. The 52-week range on ADAP shows that it touched its highest point at $1.48 and its lowest point at $0.20 during that stretch. It currently has a 1-year price target of $1.59. Beta for the stock currently stands at 2.25.
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 -3.25%, but this was down by -5.67% over a month. Three-month performance dropped to -41.04% while six-month performance fell -59.48%. The stock lost -71.98% in the past year, while it has lost -47.47% so far this year. A look at the trailing 12-month EPS for ADAP yields -0.27 with Next year EPS estimates of -0.14. For the next quarter, that number is -0.05. This implies an EPS growth rate of -74.52% for this year and -61.36% for next year. EPS is expected to decline by -28.83% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 26.53%.
Float and Shares Shorts:
At present, 257.85 million ADAP shares are outstanding with a float of 228.63 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.
