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Summit Therapeutics NasdaqGM:SMMT Stock Report

Last Price

US$3.59

Market Cap

US$2.6b

7D

0.6%

1Y

164.9%

Updated

24 Apr, 2024

Data

Company Financials +

Summit Therapeutics Inc.

NasdaqGM:SMMT Stock Report

Market Cap: US$2.6b

SMMT Stock Overview

Summit Therapeutics Inc., a biopharmaceutical company, focuses on discovery, development, and commercialization of patient, physician, caregiver, and societal friendly medicinal therapies in the United States, and the United Kingdom.

SMMT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Summit Therapeutics Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Summit Therapeutics
Historical stock prices
Current Share PriceUS$3.59
52 Week HighUS$5.22
52 Week LowUS$1.30
Beta-1.2
1 Month Change9.45%
3 Month Change-21.10%
1 Year Change164.94%
3 Year Change-43.38%
5 Year Change122.98%
Change since IPO-65.11%

Recent News & Updates

Recent updates

Summit Therapeutics: A Strategic Analysis Of Ivonescimab's Progress

Jan 30

We're Hopeful That Summit Therapeutics (NASDAQ:SMMT) Will Use Its Cash Wisely

Dec 29
We're Hopeful That Summit Therapeutics (NASDAQ:SMMT) Will Use Its Cash Wisely

Summit Therapeutics slips on plans to terminate study for lead candidate

Oct 04

Summit Therapeutics: Developing Antibiotics Is A Noble Cause But The Company Is Wise To Expand Its Portfolio

Aug 17

Summit Therapeutics GAAP EPS of -$0.17, revenue of $0.23M

Aug 11

Summit to explore additional trial for its bacteria-induced colon infection drug

Jul 14

Here's Why We're Watching Summit Therapeutics' (NASDAQ:SMMT) Cash Burn Situation

Apr 29
Here's Why We're Watching Summit Therapeutics' (NASDAQ:SMMT) Cash Burn Situation

Summit Therapeutics - Disappointing Data But Not An Outright Failure

Dec 23

Summit Therapeutics: A Full Investment Analysis Of This Antibiotic Innovator

Jun 22

Summit Therapeutics to join Russell 3000 Index

Jun 08

Shareholder Returns

SMMTUS BiotechsUS Market
7D0.6%1.0%1.2%
1Y164.9%0.7%24.9%

Return vs Industry: SMMT exceeded the US Biotechs industry which returned 1.1% over the past year.

Return vs Market: SMMT exceeded the US Market which returned 24.7% over the past year.

Price Volatility

Is SMMT's price volatile compared to industry and market?
SMMT volatility
SMMT Average Weekly Movement15.1%
Biotechs Industry Average Movement11.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: SMMT's share price has been volatile over the past 3 months.

Volatility Over Time: SMMT's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2003105Bob Dugganwww.summittxinc.com

Summit Therapeutics Inc., a biopharmaceutical company, focuses on discovery, development, and commercialization of patient, physician, caregiver, and societal friendly medicinal therapies in the United States, and the United Kingdom. The company’s lead development candidate is Ivonescimab, a bispecific antibody for immunotherapy through blockade of PD-1 with the anti-angiogenesis; and anti-infectives portfolio includes SMT-738, a novel class of precision antibiotics for the treatment of multidrug resistant infections, which primarily includes carbapenem-resistant Enterobacteriaceae infections. It has a collaboration and license agreement with Akeso, Inc. and its affiliates to develop and commercialize ivonescimab.

Summit Therapeutics Inc. Fundamentals Summary

How do Summit Therapeutics's earnings and revenue compare to its market cap?
SMMT fundamental statistics
Market capUS$2.62b
Earnings (TTM)-US$614.93m
Revenue (TTM)n/a

0.0x

P/S Ratio

-4.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SMMT income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$614.93m
Earnings-US$614.93m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)-0.88
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio128.7%

How did SMMT perform over the long term?

See historical performance and comparison
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