Summit Therapeutics Plc Stock Price on November 7, 2024

SMMT Stock  USD 17.85  0.04  0.22%   
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 17.85, as last reported on the 1st of January, with the highest price reaching 18.31 and the lowest price hitting 17.17 during the day.
IPO Date
5th of March 2015
200 Day MA
12.4145
50 Day MA
19.3184
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. Currently, Summit Therapeutics PLC is moderately volatile. Summit Therapeutics PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0073, which indicates the firm had a 0.0073% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Summit Therapeutics PLC, which you can use to evaluate the volatility of the company. Please validate Summit Therapeutics' Variance of 20.67, coefficient of variation of (3,374), and Risk Adjusted Performance of (0.02) to confirm if the risk estimate we provide is consistent with the expected return of 0.0329%.
  
At this time, Summit Therapeutics' Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is expected to grow to about 213.1 M this year, even though Common Stock is projected to decline to slightly above 4.7 M. . Price To Sales Ratio is expected to decline to 1,275 this year. Price Earnings Ratio is expected to decline to -2.76 this year. Summit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0073

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Estimated Market Risk

 4.48
  actual daily
39
61% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  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
30.1264
Enterprise Value Ebitda
(5.32)
Price Sales
753.9008
Shares Float
105.1 M
Wall Street Target Price
32.6511

Related Headline

Seer Headline on 7th of November 2024

Revenue 4 million for Q3 2024, a 3 percent decrease from 4.2 million in Q3 2023.Product Revenue 3.1 million, including 180,000 from related parties.Service Reve

Summit Therapeutics Valuation on November 7, 2024

It is possible to determine the worth of Summit Therapeutics on a given historical date. On November 7, 2024 Summit was worth 21.16 at the beginning of the trading date compared to the closed value of 21.1. 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
  20.16    20.96    19.01    20.89    2,279,769  
11/07/2024
  21.16    21.68    20.26    21.10    2,279,244  
  21.21    21.83    20.72    21.41    1,731,828  
Backtest Summit Therapeutics  |  Summit Therapeutics History  |  Summit Therapeutics Valuation   PreviousNext  
Open Value
21.16
21.1
Closing Value
34.60
Upside

Summit Therapeutics Trading Date Momentum on November 7, 2024

On November 08 2024 Summit Therapeutics PLC was traded for  21.41  at the closing time. The top price for the day was 21.83  and the lowest listed price was  20.72 . The trading volume for the day was 1.7 M. The trading history from November 8, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 1.47% . The trading price change against the current closing price is 12.99% .

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
January 1, 2025
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Summit Therapeutics January 1, 2025 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.