How have SMMT shares performed in 2023?

Summit Therapeutics' stock was trading at $4.25 on January 1st, 2023. Since then, SMMT stock has decreased by 48.5% and is now trading at $2.19. View the best growth stocks for 2023 here .

When is Summit Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024. View our SMMT earnings forecast .

How were Summit Therapeutics' earnings last quarter?

Summit Therapeutics Inc. (NASDAQ:SMMT) announced its quarterly earnings results on Tuesday, November, 7th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company earned $0.27 million during the quarter.

What ETFs hold Summit Therapeutics' stock?

ETFs with the largest weight of Summit Therapeutics (NASDAQ:SMMT) stock in their portfolio include Range Cancer Therapeutics ETF (CNCR) and ALPS Medical Breakthroughs ETF (SBIO) . Virtus LifeSci Biotech Clinical Trials ETF (BBC) .

What other stocks do shareholders of Summit Therapeutics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Therapeutics investors own include Energy Transfer (ET) , Summit Therapeutics (SUMM) , Sarepta Therapeutics (SRPT) , Gilead Sciences (GILD) , CBL & Associates Properties (CBL) , SandRidge Permian Trust (PER) , Cornerstone Total Return Fund (CRF) , Ford Motor (F) and Martin Midstream Partners (MMLP) .

When did Summit Therapeutics IPO?

(SMMT) raised $40 million in an IPO on Thursday, March 5th 2015. The company issued 3,500,000 shares at $11.54 per share. JMP Securities and Oppenheimer & Co. acted as the underwriters for the IPO and Needham was co-manager.

Who are Summit Therapeutics' major shareholders?

Summit Therapeutics' stock is owned by a number of institutional and retail investors. Top institutional investors include Northern Trust Corp (0.15%), Charles Schwab Investment Management Inc. (0.13%), Shell Asset Management Co. (0.05%), California State Teachers Retirement System (0.02%), Barclays PLC (0.02%) and Rhumbline Advisers (0.02%). Insiders that own company stock include Ankur Dhingra, Mahkam Zanganeh, Maky Zanganeh , Manmeet Singh Soni and Robert W Duggan . View institutional ownership trends .

How do I buy shares of Summit Therapeutics?

Shares of SMMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Summit Therapeutics Stock Price, News & Analysis (NASDAQ:SMMT)

$2.19

-0.03 (-1.35%)

(As of 12/8/2023 ET)

Compare

Today's Range: $2.17
▼
$2.25
50-Day Range: $1.67
▼
$2.46
52-Week Range: $1.25
▼
$5.78

Volume: 701,103 shs
Average Volume: 970,956 shs
Market Capitalization: $1.53 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

About Summit Therapeutics Stock (NASDAQ:SMMT)

Summit Therapeutics Inc., a biopharmaceutical company, research and develops primarily oncology therapies in the United States, and the United Kingdom. The company's product pipeline includes SMT-738, a novel class of precision antibiotics for treatment which is in preclinical stage for the treatment of multidrug resistant infections, which primarily includes carbapenem-resistant Enterobacteriaceae infections. It has a collaboration and license agreement with Akeso, Inc. for research and develop Ivonescimab (AK112) and SMT112, a bispecific antibody for immunotherapy through blockade of PD-1 with the anti-angiogenesis. The company was founded in 2003 and is headquartered in Cambridge, Massachusetts.

SMMT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SMMT Stock News Headlines

November 7, 2023 | finance.yahoo.com

Summit Therapeutics Reports Financial Results and Operational Progress for the Third Quarter and Nine Months Ended September 30, 2023

November 7, 2023 | finance.yahoo.com

Summit Therapeutics Inc (SMMT) Reports Q3 Financial Results and Operational Progress

December 10, 2023 | DTI Trader (Ad)

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November 2, 2023 | finance.yahoo.com

Ivonescimab's Novel Mechanism of Action Highlighting Cooperative Binding to be Featured in Poster Presentation at SITC 2023

November 1, 2023 | bizjournals.com

Former Reata Pharmaceuticals CFO steps into new role with California biotech company

October 31, 2023 | finance.yahoo.com

Ivonescimab’s Novel Mechanism of Action Highlighting Cooperative Binding to be Featured in Poster Presentation at SITC 2023

October 26, 2023 | finance.yahoo.com

Summit Therapeutics to Host Q3 2023 Financial Results & Operational Progress Call on November 7, 2023

October 19, 2023 | finance.yahoo.com

H. Jack West, MD, Renowned Oncologist & Lung Cancer Expert, Joins Summit Therapeutics as Vice President of Clinical Development

December 10, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

October 17, 2023 | finance.yahoo.com

Insider Buying: COO Manmeet Soni Acquires 2,976,190 Shares of Summit Therapeutics Inc

September 26, 2023 | msn.com

Summit Therapeutics: Not For Retail Investors

September 25, 2023 | seekingalpha.com

Navigating Summit Therapeutics' Bispecific Bet Amid Cash Constraints

August 9, 2023 | finance.yahoo.com

Q2 2023 Summit Therapeutics Inc Earnings Call

August 9, 2023 | seekingalpha.com

Summit Therapeutics, Inc. (SMMT) Q2 2023 Earnings Call Transcript

August 9, 2023 | finance.yahoo.com

Summit Therapeutics Reports Financial Results and Operational Progress for the Second Quarter and Six Months Ended June 30, 2023

August 2, 2023 | finance.yahoo.com

Summit Therapeutics to Host Q2 2023 Financial Results & Operational Progress Call on August 9, 2023

July 11, 2023 | finance.yahoo.com

Summit Therapeutics Insiders Up US$558m On US$517m Investment

June 4, 2023 | finance.yahoo.com

Promising Data for Investigational Innovative Bispecific Ivonescimab Featured at ASCO 2023

June 1, 2023 | finance.yahoo.com

Ivonescimab Updated Data to be Featured at ASCO 2023

May 22, 2023 | finance.yahoo.com

11 Stocks with Heavy Insider Buying in 2023

May 18, 2023 | finance.yahoo.com

After buying recently, Summit Therapeutics Inc. (NASDAQ:SMMT) insiders must be dismayed to see the company's market cap drop to US$1.2b

May 16, 2023 | finance.yahoo.com

Summit Therapeutics Inc. (NASDAQ:SMMT) Q1 2023 Earnings Call Transcript

May 16, 2023 | finance.yahoo.com

Why Shares of Summit Therapeutics Slumped on Tuesday

May 12, 2023 | finance.yahoo.com

Q1 2023 Summit Therapeutics Inc Earnings Call

May 11, 2023 | seekingalpha.com

Summit Therapeutics, Inc. (SMMT) Q1 2023 Earnings Call Transcript

May 11, 2023 | finance.yahoo.com

Summit Therapeutics Reports Financial Results and Operational Progress for the First Quarter Ended March 31, 2023

April 13, 2023 | seekingalpha.com

Summit Therapeutics: Another Billionaire Project That Isn't Going Anywhere

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/10/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/14/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Pharmaceutical preparations
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:SMMT
CUSIP: N/A
CIK: 1599298
Web: www.summitplc.com
Phone: 650-460-8308
Fax: 44-12-3544-3999
Employees: 76
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($1.55)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-78,780,000.00
Net Margins: N/A
Pretax Margin: -271,685.00%
Return on Equity: -64.01%
Return on Assets: -22.31%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.80
Quick Ratio: 1.80

Sales & Book Value

Annual Sales: $700,000.00
Price / Sales: 2,192.63
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.60 per share
Price / Book: 3.65

Miscellaneous

Outstanding Shares: 700,840,000
Free Float: 114,237,000
Market Cap: $1.53 billion
Optionable: Optionable
Beta: -0.97

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Key Executives

Mr. Robert W. Duggan (Age 79)
Co-CEO & Executive Chairman
Dr. Mahkam Zanganeh D.D.S. (Age 53)
M.B.A., Co-CEO, President & Director
Comp: $934.85k
Mr. Ankur Dhingra (Age 47)
Chief Financial Officer
Comp: $668.39k
Mr. Manmeet Singh Soni (Age 45)
COO & Director
Dr. Urte Gayko Ph.D. (Age 52)
Chief Regulatory, Quality & Pharmacovigilance Officer?
Prof. Dame Kay Davies DBE (Age 72)
FRS CBE, Co-Founder, Chairman of Scientific Advisory Board and Scientific Advisor
Ms. Shelley D. Spray (Age 58)
Head of Corporate Education, Communications & Creative?
Ms. Abby Guzman Murphy
Head of Human Resources
Ms. Divya Chari (Age 55)
Head of Global Clinical Operations
Mr. Dave Gancarz
Chief Business & Strategy Officer?

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SMMT Stock Analysis - Frequently Asked Questions

How have SMMT shares performed in 2023?: Summit Therapeutics' stock was trading at $4.25 on January 1st, 2023. Since then, SMMT stock has decreased by 48.5% and is now trading at $2.19.
View the best growth stocks for 2023 here.
When is Summit Therapeutics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our SMMT earnings forecast.
How were Summit Therapeutics' earnings last quarter?: Summit Therapeutics Inc. (NASDAQ:SMMT) announced its quarterly earnings results on Tuesday, November, 7th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company earned $0.27 million during the quarter.
What ETFs hold Summit Therapeutics' stock?: ETFs with the largest weight of Summit Therapeutics (NASDAQ:SMMT) stock in their portfolio include Range Cancer Therapeutics ETF (CNCR) and ALPS Medical Breakthroughs ETF (SBIO).Virtus LifeSci Biotech Clinical Trials ETF (BBC).

What other stocks do shareholders of Summit Therapeutics own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Summit Therapeutics investors own include Energy Transfer (ET), Summit Therapeutics (SUMM), Sarepta Therapeutics (SRPT), Gilead Sciences (GILD), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF), Ford Motor (F) and Martin Midstream Partners (MMLP).
When did Summit Therapeutics IPO?: (SMMT) raised $40 million in an IPO on Thursday, March 5th 2015. The company issued 3,500,000 shares at $11.54 per share. JMP Securities and Oppenheimer & Co. acted as the underwriters for the IPO and Needham was co-manager.
Who are Summit Therapeutics' major shareholders?: Summit Therapeutics' stock is owned by a number of institutional and retail investors. Top institutional investors include Northern Trust Corp (0.15%), Charles Schwab Investment Management Inc. (0.13%), Shell Asset Management Co. (0.05%), California State Teachers Retirement System (0.02%), Barclays PLC (0.02%) and Rhumbline Advisers (0.02%). Insiders that own company stock include Ankur Dhingra, Mahkam Zanganeh, Maky Zanganeh, Manmeet Singh Soni and Robert W Duggan.
View institutional ownership trends.
How do I buy shares of Summit Therapeutics?: Shares of SMMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:SMMT) was last updated on 12/10/2023 by MarketBeat.com Staff

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