At the time of writing, Adc Therapeutics SA [ADCT] stock is trading at $4.01, up 4.97%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ADCT shares have gain 31.05% over the last week, with a monthly amount glided 26.90%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Guggenheim started tracking the stock with Buy rating on March 28, 2024, and set its price target to $11. On August 10, 2023, upgrade upgraded it’s rating to Neutral. BofA Securities downgraded its rating to a Underperform and decreased its price target to $2 on April 24, 2023. CapitalOne initiated its recommendation with a Overweight and recommended $12 as its price target on December 06, 2022. BofA Securities downgraded its rating to Neutral for this stock on November 09, 2022, and downed its price target to $7. In a note dated September 21, 2022, JP Morgan initiated an Overweight rating and provided a target price of $5 on this stock.
For the past year, the stock price of Adc Therapeutics SA fluctuated between $0.36 and $6.04. Currently, Wall Street analysts expect the stock to reach $9.33 within the next 12 months. Adc Therapeutics SA [NYSE: ADCT] shares were valued at $4.01 at the most recent close of the market. An investor can expect a potential return of 132.67% based on the average ADCT price forecast.
Analyzing the ADCT fundamentals
According to Adc Therapeutics SA [NYSE:ADCT], the company’s sales were 68.62M for trailing twelve months, which represents an -4.94% plunge. Gross Profit Margin for this corporation currently stands at 0.91% with Operating Profit Margin at -2.2%, Pretax Profit Margin comes in at -2.73%, and Net Profit Margin reading is -3.3%. To continue investigating profitability, this company’s Return on Assets is posted at -0.74, Equity is 2.24 and Total Capital is -0.62. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.83 points at the first support level, and at 3.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.10, and for the 2nd resistance point, it is at 4.19.
Ratios To Look Out For
It is important to note that Adc Therapeutics SA [NYSE:ADCT] has a current ratio of 4.61. In addition, the Quick Ratio stands at 4.35 and the Cash Ratio stands at 3.72. Considering the valuation of this stock, the price to sales ratio is 5.62.
Transactions by insiders
Recent insider trading involved Redmile Group, LLC, 10% Owner, that happened on Jul 01 ’24 when 0.4 million shares were purchased. 10% Owner, Redmile Group, LLC completed a deal on Jul 01 ’24 to buy 0.4 million shares. Meanwhile, Director Azelby Robert sold 6995.0 shares on Jun 17 ’24.
