After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
Stocks Info
SMMT belongs to the Healthcare sector of the NASDAQ while operating in the Biotechnology industry. The current market capitalization of Summit Therapeutics Inc is $14.03B. A total of 2.58 million shares were traded on the day, compared to an average of 2.13M 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.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, SMMT has a high of $33.89 and a low of $2.10.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 4.71.
