Adicet Bio Posts Earnings Results, Hits Estimates
| ACET Stock | USD 0.83 0.02 2.35% |
Slightly above 62% of Adicet Bio's investor base is looking to short. The analysis of overall sentiment of trading Adicet Bio stock suggests that many investors are alarmed at this time. Adicet Bio's investing sentiment can be driven by a variety of factors including economic data, Adicet Bio's earnings reports, geopolitical events, and overall market trends.
Adicet |
Adicet Bio posted its quarterly earnings results on Wednesday. The company reported earnings per share for the quarter, hitting the consensus estimate of , Yahoo Finance reports. Adicet Bio Price Performance ACET opened at 1.31 on Friday. The company has a market capitalization of 107.94 million, a price-to-earnings
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Adicet Bio Fundamental Analysis
We analyze Adicet Bio's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adicet Bio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Adicet Bio based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Flow From Operations
Cash Flow From Operations Comparative Analysis
Adicet Bio is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Adicet Bio Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Adicet Bio stock to make a market-neutral strategy. Peer analysis of Adicet Bio could also be used in its relative valuation, which is a method of valuing Adicet Bio by comparing valuation metrics with similar companies.
Peers
Adicet Bio Related Equities
| NKTX | Nkarta | 1.52 | ||||
| AVTE | Aerovate Therapeutics | 0.80 | ||||
| EWTX | Edgewise Therapeutics | 0.73 | ||||
| AGIO | Agios Pharm | 1.82 | ||||
| KROS | Keros Therapeutics | 1.82 | ||||
| BCYC | Bicycle Therapeutics | 2.39 | ||||
| VOR | Vor Biopharma | 2.60 | ||||
| PLRX | Pliant Therapeutics | 2.65 | ||||
| ANEB | Anebulo Pharmaceuticals | 2.86 | ||||
| ALEC | Alector | 3.01 | ||||
| GLUE | Monte Rosa | 3.04 | ||||
| IGMS | IGM Biosciences | 3.13 | ||||
| STOK | Stoke Therapeutics | 3.22 | ||||
| CGEM | Cullinan Oncology | 3.26 | ||||
| TNYA | Tenaya Therapeutics | 7.25 | ||||
| ACRV | Acrivon Therapeutics, | 11.11 |
Additional Tools for Adicet Stock Analysis
When running Adicet Bio's price analysis, check to measure Adicet Bio's 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 Adicet Bio is operating at the current time. Most of Adicet Bio's value examination focuses on studying past and present price action to predict the probability of Adicet Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adicet Bio's price. Additionally, you may evaluate how the addition of Adicet Bio to your portfolios can decrease your overall portfolio volatility.