NASDAQ:SMMT - SUMMIT THERAPEU/S Stock Price, Forecast & News

SUMMIT THERAPEU/S trades on the NASDAQ under the ticker symbol "SMMT."

SUMMIT THERAPEU/S (NASDAQ:SMMT) released its earnings results on Tuesday, December, 17th. The company reported ($0.25) earnings per share for the quarter, missing analysts' consensus estimates of ($0.23) by $0.02. The firm had revenue of $0.16 million for the quarter, compared to analysts' expectations of $4.07 million. SUMMIT THERAPEU/S had a negative net margin of 2,107.69% and a negative return on equity of 59.95%. View SUMMIT THERAPEU/S's Earnings History.

SUMMIT THERAPEU/S is scheduled to release their next quarterly earnings announcement on Wednesday, March 25th 2020. View Earnings Estimates for SUMMIT THERAPEU/S.

2 Wall Street analysts have issued 12-month price objectives for SUMMIT THERAPEU/S's stock. Their forecasts range from $2.00 to $2.00. On average, they anticipate SUMMIT THERAPEU/S's share price to reach $2.00 in the next twelve months. This suggests a possible upside of 43.9% from the stock's current price. View Analyst Price Targets for SUMMIT THERAPEU/S.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SUMMIT THERAPEU/S in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SUMMIT THERAPEU/S.

Media coverage about SMMT stock has been trending somewhat positive this week, according to InfoTrie. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SUMMIT THERAPEU/S earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for SUMMIT THERAPEU/S.

Some companies that are related to SUMMIT THERAPEU/S include Abeona Therapeutics (ABEO), Fortress Biotech (FBIO), Akorn (AKRX), ContraFect (CFRX), Cerecor (CERC), Five Prime Therapeutics (FPRX), Scpharmaceuticals (SCPH), Evelo Biosciences (EVLO), Kezar Life Sciences (KZR), GlycoMimetics (GLYC), Tyme Technologies (TYME), Selecta Biosciences (SELB), Marinus Pharmaceuticals (MRNS), Ovid Therapeutics (OVID) and IDEAYA Biosciences (IDYA).

Based on aggregate information from My MarketBeat watchlists, some companies that other SUMMIT THERAPEU/S investors own include Summit Therapeutics (SUMM), Sarepta Therapeutics (SRPT), Energy Transfer LP Unit (ET), Sorrento Therapeutics (SRNE), Catabasis Pharmaceuticals (CATB), Dynavax Technologies (DVAX), Viking Therapeutics (VKTX), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER) and Martin Midstream Partners (MMLP).

(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.

SUMMIT THERAPEU/S's stock is owned by many different of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (0.59%), Acadian Asset Management LLC (0.41%), First Republic Investment Management Inc. (0.16%) and Virtu Financial LLC (0.05%).

SMMT stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC.

SMMT stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, First Republic Investment Management Inc. and Virtu Financial LLC.

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

One share of SMMT stock can currently be purchased for approximately $1.39.

SUMMIT THERAPEU/S has a market capitalization of $44.62 million and generates $56.50 million in revenue each year. The company earns $9.99 million in net income (profit) each year or $0.84 on an earnings per share basis. SUMMIT THERAPEU/S employs 61 workers across the globe.View Additional Information About SUMMIT THERAPEU/S.

The official website for SUMMIT THERAPEU/S is http://www.summitplc.com/.

SUMMIT THERAPEU/S's mailing address is 136a Eastern Avenue Milton Park, Abingdon X0, OX144SB. The company can be reached via phone at 44-12-3544-3939 or via email at [email protected]