After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
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Stocks Info
Summit Therapeutics Inc is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Biotechnology industry. The current market capitalization of Summit Therapeutics Inc is $15.55B. A total of 2.28 million shares were traded on the day, compared to an average of 5.05M shares.
In the most recent transaction, Zanganeh Mahkam bought 54,321 shares of SMMT for 3.72 per share on Mar 27 ’24. After the transaction, the Chief Executive Officer now owns 24,923,800 company shares. In a previous transaction on Mar 26 ’24, Zanganeh Mahkam bought 30,000 shares at 3.75 per share. SMMT shares that Chief Executive Officer owns now total 30,000.
Among the insiders who bought shares, Zanganeh Mahkam acquired of 26,000 shares on Mar 27 ’24 at a per-share price of $3.72. This resulted in the Chief Executive Officer holding 520,814 shares of SMMT after the transaction. In another insider transaction, Dhingra Ankur bought 100,000 shares at $3.75 per share on Mar 26 ’24. Company shares held by the Chief Financial Officer now total 354,958.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, SMMT has a high of $33.89 and a low of $1.64.
As of this writing, SMMT has an earnings estimate of -$0.08 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of -$0.07 per share and a lower estimate of -$0.08.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SMMT’s latest balance sheet shows that the firm has $71.79M in Cash & Short Term Investments as of fiscal 2021. There were $2.78M in debt and $25.62M in liabilities at the time. Its Book Value Per Share was $0.59, while its Total Shareholder’s Equity was $83.28M.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SMMT is Buy with a score of 4.50.
