After Hours
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.
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Stocks Info
As a NASDAQ listed company, SMMT falls under the Healthcare sector while operating within the Biotechnology industry segment. The current market capitalization of Summit Therapeutics Inc is $2.49B. A total of 1.41 million shares were traded on the day, compared to an average of 2.22M 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 27 ’24, Zanganeh Mahkam bought 26,000 shares at 3.72 per share. SMMT shares that Chief Executive Officer owns now total 520,814.
Among the insiders who bought shares, Dhingra Ankur acquired of 100,000 shares on Mar 26 ’24 at a per-share price of $3.75. This resulted in the Chief Financial Officer holding 354,958 shares of SMMT after the transaction. In another insider transaction, Zanganeh Mahkam bought 30,000 shares at $3.75 per share on Mar 26 ’24. Company shares held by the Chief Executive Officer now total 30,000.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, SMMT has a high of $5.22 and a low of $1.30.
As of this writing, SMMT has an earnings estimate of -$0.06 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.06 per share and a lower estimate of -$0.06.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $0.11, while its Total Shareholder’s Equity was $83.28M.
Analysts Opinion
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. 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 5.00.
