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The world's wealthiest individuals are making huge moves with their money. Warren Buffett just liquidated billions of shares. Bill Gates sold 500,000 shares of Microsoft. Jeff Bezos filed to sell Amazon shares worth $4.8 billion. What is going on? One multi-millionaire believes they are preparing for a catastrophic event. But not a crash, bank run, or recession. It's something we haven't see in America for more than a century.

SMMT
Summit Therapeutics Inc
NASDAQ
24.42
Open 25.00 Prev Close 24.81
High 25.76 Low 24.29
Volume 2,727,888 Volume (Avg) 3,970
52 Week High 36.91 52 Week Low 11.76
Market Cap 18.1B PE Ratio

Shares Stats

Shares Outstanding742,810,000
Shares Float112,120,000
Shares Short29,810,000
Insider Holdings8430%
Institution Holdings13.56%

About Summit Therapeutics Inc

Summit Therapeutics Inc., a biopharmaceutical company, focuses on discovery, development, and commercialization of patient, physician, caregiver, and societal friendly medicinal therapies. Its lead development candidate is ivonescimab, a bispecific antibody for immunotherapy through blockade of PD-1 with the anti-angiogenesis, as well as in Phase III clinical trials for the treatment of non-small lung cancer. The company was founded in 2003 and is headquartered in Miami, Florida.

General

NameSummit Therapeutics Inc
TickerSMMT
ExchangeNASDAQ
SectorHealthcare
IndustryBiotechnology
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees159

Highlights

Analyst Target33.75
Market Cap18,136,000,000
EBITDA-759,176,000

Financials

Curr Year EPS Estimate-0.69
Next Quarter EPS Estimate-0.11
Return on Assets-1.43
Return on Equity-3.28
Earnings Per Share-1.01
Gross Profit705,000
Quarterly Revenue Growth-1

Valuation

Price/Sales (Trailing 12 Mt.)753.90
Price/Book (Most Recent Quarter)71.02

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