Summit Therapeutics (SMMT) Set to Announce Earnings on Wednesday
Summit Therapeutics (NASDAQ:SMMT) will release its earnings data before the market opens on Wednesday, December 6th. Analysts expect Summit Therapeutics to post earnings of ($0.73) per share for the quarter.
Shares of Summit Therapeutics (NASDAQ:SMMT) traded up $0.34 during mid-day trading on Tuesday, reaching $12.02. The company’s stock had a trading volume of 9,100 shares, compared to its average volume of 22,156. Summit Therapeutics has a 12 month low of $7.95 and a 12 month high of $16.86.
A number of research analysts have recently commented on SMMT shares. HC Wainwright reissued a “buy” rating and set a $16.00 price objective on shares of Summit Therapeutics in a report on Friday. Zacks Investment Research raised Summit Therapeutics from a “sell” rating to a “hold” rating in a report on Tuesday, November 14th. Canaccord Genuity reissued a “buy” rating on shares of Summit Therapeutics in a report on Monday, October 16th. Oppenheimer reissued a “buy” rating and set a $24.00 price objective on shares of Summit Therapeutics in a report on Monday, October 16th. Finally, ValuEngine lowered Summit Therapeutics from a “hold” rating to a “sell” rating in a report on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. Summit Therapeutics currently has an average rating of “Hold” and an average target price of $20.25.
Summit Therapeutics Company Profile
Summit Therapeutics plc is a biopharmaceutical company, which is engaged in drug development. The Company is focused on the discovery, development and commercialization of medicines for indications for which there are no existing or only inadequate therapies. It is conducting clinical programs focused on the genetic disease Duchenne muscular dystrophy (DMD) and the infectious disease Clostridium difficile infection (CDI).
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