Adaptive Biotechnologies Corp (ADPT) Moves -1.34% Lower: These Numbers are Too Good to be True

As on Wednesday, Adaptive Biotechnologies Corp (NASDAQ: ADPT) started slowly as it slid -1.34% to $4.42, before settling in for the price of $4.48 at the close. Taking a more long-term approach, ADPT posted a 52-week range of $2.28-$6.70.

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The Healthcare sector firm’s twelve-monthly sales growth has been 27.46% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -32.91%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 28.53%. This publicly-traded company’s shares outstanding now amounts to $145.08 million, simultaneously with a float of $142.73 million. The organization now has a market capitalization sitting at $652.31 million. At the time of writing, stock’s 50-day Moving Average stood at $4.96, while the 200-day Moving Average is $3.99.

Adaptive Biotechnologies Corp (ADPT) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Biotechnology industry. Adaptive Biotechnologies Corp’s current insider ownership accounts for 3.29%, in contrast to 92.13% institutional ownership. According to the most recent insider trade that took place on Nov 18 ’24, this organization’s Chief Financial Officer sold 248 shares at the rate of 4.98, making the entire transaction reach 1,235 in total value, affecting insider ownership by 154,330. Preceding that transaction, on Aug 22 ’24, Company’s SVP and General Counsel sold 26,922 for 4.50, making the whole transaction’s value amount to 121,079. This particular insider is now the holder of 139,365 in total.

Adaptive Biotechnologies Corp (ADPT) Earnings and Revenue Records

Adaptive Biotechnologies Corp’s EPS increase for this current 12-month fiscal period is 28.53% and is forecasted to reach -0.93 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 21.60% through the next 5 years, which can be compared against the -32.91% growth it accomplished over the previous five years trading on the market.

Adaptive Biotechnologies Corp (NASDAQ: ADPT) Trading Performance Indicators

Let’s observe the current performance indicators for Adaptive Biotechnologies Corp (ADPT). It’s Quick Ratio in the last reported quarter now stands at 3.38. The Stock has managed to achieve an average true range (ATR) of 0.41. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.68.

In the same vein, ADPT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.34, a figure that is expected to reach -0.26 in the next quarter, and analysts are predicting that it will be -0.93 at the market close of one year from today.

Technical Analysis of Adaptive Biotechnologies Corp (ADPT)

Through scrutinizing the latest numbers posted by the [Adaptive Biotechnologies Corp, ADPT], it can be observed that its last 5-days Average volume of 1.45 million was better the volume of 1.41 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 3.03% While, its Average True Range was 0.42.

Raw Stochastic average of Adaptive Biotechnologies Corp (ADPT) in the period of the previous 100 days is set at 32.94%, which indicates a major rise in contrast to 3.80% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 98.58% that was higher than 77.76% volatility it exhibited in the past 100-days period.