Trump Signs Law to Launch Dollar 2.0

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Summit Therapeutics Inc
NASDAQ:SMMT
$17.89
Open 18.02 Prev Close 17.82
High 18.17 Low 17.66
Volume 1,388,930 Volume (Avg) 3,913
52 Week High 36.91 52 Week Low 15.55
Market Cap 13.3B PE Ratio

General

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

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.

Highlights

Analyst Target33.85
Market Cap13,286,400,000
EBITDA-934,987,008

Valuation

Price/Sales (Trailing 12 Mt.)753.90
Price/Book (Most Recent Quarter)69.27

Technicals

Beta-1.52
52 Week High36.91
52 Week Low15.55
50 Day Average-8.12%
200 Day Average-18.97%

Earnings

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