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Adicet Bio to Participate in a Fireside Chat at the Citizens JMP Life Sciences Conference
Business Wire (Tue, 7-May 7:00 AM ET)
Adicet Bio Reports Inducement Grant under Nasdaq Listing Rule 5635(c)(4)
Business Wire (Tue, 30-Apr 5:10 PM ET)
Business Wire (Mon, 22-Apr 4:30 PM ET)
Adicet Bio to Participate in 2024 Canaccord Genuity Horizons in Oncology Virtual Conference
Business Wire (Mon, 8-Apr 7:00 AM ET)
Business Wire (Tue, 19-Mar 4:10 PM ET)
Business Wire (Mon, 11-Mar 7:00 AM ET)
Adicet Bio Inc is a clinical-stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer and other diseases. Its lead product candidate, ADI-001, a first-in-class allogeneic gamma delta T cell therapy expressing a CAR targeting CD20, is being developed for the potential treatment of autoimmune diseases and relapsed or refractory aggressive B cell non-Hodgkin's lymphoma. Their pipeline also includes its lead preclinical candidate, ADI-270, an armored gamma delta CAR T cell product candidate targeting renal cell carcinoma, with potential for other CD70+ solid tumor and hematological malignancies indications.
Adicet Bio trades on the NASDAQ stock market under the symbol ACET.
As of May 9, 2024, ACET stock price climbed to $1.68 with 110,074 million shares trading.
ACET has a beta of 0.86, meaning it tends to be less sensitive to market movements. ACET has a correlation of 0.01 to the broad based SPY ETF.
ACET has a market cap of $138.02 million. This is considered a Micro Cap stock.
Last quarter Adicet Bio reported $0 in Revenue and -$.69 earnings per share. This fell short of revenue expectation by $-620,000 and met earnings estimates .
In the last 3 years, ACET stock traded as high as $21.87 and as low as $1.10.
The top ETF exchange traded funds that ACET belongs to (by Net Assets): VTI, VXF, IWM, IWN, VTWO.
ACET has underperformed the market in the last year with a price return of -74.8% while the SPY ETF gained +27.4%. ACET has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -50.3% and -10.4%, respectively, while the SPY returned +4.5% and +2.7%, respectively.
ACET support price is $1.54 and resistance is $1.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACET stock will trade within this expected range on the day.