28-Mar-2024
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Adaptimmune Therapeutics PLC is a clinical-stage biopharmaceutical company. It focused on providing novel cell therapies to patients, particularly in solid tumors. It has developed a comprehensive proprietary platform that enables it to identify cancer targets, find and genetically engineer T-cell receptors, and produce TCR therapeutic candidates for administration to patients. Its programs include MAGE-A4 SPEAR T-cell therapy, NY-ESO SPEAR T-cell, CD70 and others for multiple cancer types.
Adaptimmune Therapeutics PLC - American Depositary Shares trades on the NASDAQ stock market under the symbol ADAP.
As of March 28, 2024, ADAP stock price was flat at $1.58 with 1,062,269 million shares trading.
ADAP has a beta of 0.82, meaning it tends to be less sensitive to market movements. ADAP has a correlation of 0.01 to the broad based SPY ETF.
ADAP has a market cap of $389.98 million. This is considered a Small Cap stock.
Last quarter Adaptimmune Therapeutics PLC - American Depositary Shares reported $231,000 in Revenue and -$.24 earnings per share. This fell short of revenue expectation by $-20 million and missed earnings estimates by -$.14.
In the last 3 years, ADAP stock traded as high as $6.86 and as low as $.42.
The top ETF exchange traded funds that ADAP belongs to (by Net Assets): SPDW, FESM, APIE, GWX, INNO.
ADAP has outperformed the market in the last year with a return of +43.6%, while the SPY ETF gained +33.6%. In the last 3 month period, ADAP beat the market returning +119.7%, while SPY returned +10.1%. However, in the most recent 2 weeks ADAP has underperformed the stock market by returning -0.6%, while SPY returned +1.7%.
ADAP support price is $1.47 and resistance is $1.69 (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 ADAP stock will trade within this expected range on the day.