Investing In Adc Therapeutics SA (NYSE: ADCT): Why Should You?

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.

Stocks Info

The company is listed on the NYSE and operates within the Biotechnology industry segment. The current market capitalization of Adc Therapeutics SA is $505.98M. A total of 3.17 million shares were traded on the day, compared to an average of 532.71K shares.

In the most recent transaction, Redmile Group, LLC sold 25,352 shares of ADCT for 2.07 per share on Dec 04 ’24. After the transaction, the 10% Owner now owns 15,566,731 company shares. In a previous transaction on Jul 01 ’24, Redmile Group, LLC bought 400,000 shares at 2.81 per share. ADCT shares that 10% Owner owns now total 15,669,217.

Among the insiders who bought shares, Redmile Group, LLC acquired of 400,000 shares on Jul 01 ’24 at a per-share price of $2.81. This resulted in the 10% Owner holding 12,995,040 shares of ADCT after the transaction. In another insider transaction, Azelby Robert sold 6,995 shares at $2.89 per share on Jun 17 ’24. Company shares held by the Director now total 53,005.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, ADCT has a high of $6.04 and a low of $0.94.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ADCT’s latest balance sheet shows that the firm has $466.54M in Cash & Short Term Investments as of fiscal 2021. There were $139.70M in debt and $73.94M in liabilities at the time. Its Book Value Per Share was $-1.78, while its Total Shareholder’s Equity was $166.09M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 ADCT is Buy with a score of 4.57.

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