With 0.95 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.44 million shares. The 52-week range on ADCT shows that it touched its highest point at $4.13 and its lowest point at $1.05 during that stretch. It currently has a 1-year price target of $8.20. Beta for the stock currently stands at 1.88.
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 ADCT was up-trending over the past week, with a rise of 38.57%, but this was up by 116.08% over a month. Three-month performance surged to 75.57% while six-month performance rose 52.22%. The stock lost -13.45% in the past year, while it has gained 55.28% so far this year. A look at the trailing 12-month EPS for ADCT yields -1.45 with Next year EPS estimates of -1.38. For the next quarter, that number is -0.40. This implies an EPS growth rate of 1.44% for this year and 13.82% for next year. EPS is expected to grow by 15.31% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.38%.
Float and Shares Shorts:
At present, 99.18 million ADCT shares are outstanding with a float of 77.91 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 ADCT since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 -$1.4 being high and -$1.87 being low. For ADCT, this leads to a yearly average estimate of -$1.69.
