Summit Therapeutics Plc Stock Price on November 5, 2024

SMMT Stock  USD 18.21  1.07  5.55%   
Below is the normalized historical share price chart for Summit Therapeutics PLC extending back to March 04, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Summit Therapeutics stands at 18.21, as last reported on the 28th of December, with the highest price reaching 19.22 and the lowest price hitting 17.98 during the day.
IPO Date
5th of March 2015
200 Day MA
12.2712
50 Day MA
19.4746
Beta
(0.92)
 
Yuan Drop
 
Covid
If you're considering investing in Summit Stock, it is important to understand the factors that can impact its price. Summit Therapeutics PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0405, which indicates the firm had a -0.0405% return per unit of risk over the last 3 months. Summit Therapeutics PLC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Summit Therapeutics' Variance of 21.69, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,109) to confirm the risk estimate we provide.
  
At this time, Summit Therapeutics' Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 213.1 M in 2024, whereas Common Stock is likely to drop slightly above 4.7 M in 2024. . Price To Sales Ratio is likely to drop to 1,275 in 2024. Price Earnings Ratio is likely to drop to -2.76 in 2024. Summit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0405

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Estimated Market Risk

 4.61
  actual daily
41
59% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Summit Therapeutics is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Summit Therapeutics by adding Summit Therapeutics to a well-diversified portfolio.
Price Book
32.4671
Enterprise Value Ebitda
(5.32)
Price Sales
753.9008
Shares Float
105.1 M
Wall Street Target Price
32.5762

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CAMBRIDGE, Mass., Nov. 05, 2024 -- Cullinan Therapeutics, Inc. , a biopharmaceutical company focused on developing modality-agnostic targeted therapies, today announced that Nadim Ahmed, Chief Executive Officer, and Jeffrey Jones, M.D., M.B.A., Chief Medical Officer, will participate in a fireside chat at the Stifel 2024 Healthcare Conference, being held in New York on November 18 and 19, 2024. The fireside chat is scheduled for Tuesday, November 19, 20

Summit Therapeutics Valuation on November 5, 2024

It is possible to determine the worth of Summit Therapeutics on a given historical date. On November 5, 2024 Summit was worth 20.05 at the beginning of the trading date compared to the closed value of 20.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Summit Therapeutics stock. Still, in general, we apply an absolute valuation method to find Summit Therapeutics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Summit Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Summit Therapeutics' related companies.
 Open High Low Close Volume
  19.41    20.56    18.80    19.96    1,903,857  
11/05/2024
  20.05    20.55    19.70    20.39    1,382,075  
  20.16    20.96    19.01    20.89    2,279,769  
Backtest Summit Therapeutics  |  Summit Therapeutics History  |  Summit Therapeutics Valuation   PreviousNext  
Open Value
20.05
20.39
Closing Value
33.87
Upside

Summit Therapeutics Trading Date Momentum on November 5, 2024

On November 06 2024 Summit Therapeutics PLC was traded for  20.89  at the closing time. The top price for the day was 20.96  and the lowest listed price was  19.01 . The trading volume for the day was 2.3 M. The trading history from November 6, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 2.45% . The trading price change against the current closing price is 4.61% .

Summit Therapeutics PLC Fundamentals Correlations and Trends

By evaluating Summit Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Summit Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Summit financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Summit Therapeutics Stock history

Summit Therapeutics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Summit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Summit Therapeutics PLC will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Summit Therapeutics stock prices may prove useful in developing a viable investing in Summit Therapeutics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding619.6 M650.6 M
Net Loss-70.9 M-67.4 M

Summit Therapeutics Quarterly Net Working Capital

431.28 Million

Summit Therapeutics Stock Technical Analysis

Summit Therapeutics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Summit Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Summit Therapeutics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Summit Therapeutics Period Price Range

Low
December 28, 2024
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Summit Therapeutics December 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Summit Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Summit Therapeutics shares will generate the highest return on investment. By undertsting and applying Summit Therapeutics stock market strength indicators, traders can identify Summit Therapeutics PLC entry and exit signals to maximize returns

Summit Therapeutics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Summit Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Summit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Summit to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Summit Stock Analysis

When running Summit Therapeutics' price analysis, check to measure Summit Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Therapeutics is operating at the current time. Most of Summit Therapeutics' value examination focuses on studying past and present price action to predict the probability of Summit Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Therapeutics' price. Additionally, you may evaluate how the addition of Summit Therapeutics to your portfolios can decrease your overall portfolio volatility.