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Absci Corp (NASDAQ: ABSI) closed the day trading at $2.71 down -1.81% from the previous closing price of $2.76. In other words, the price has decreased by -$1.81 from its previous closing price. On the day, 4.76 million shares were traded. ABSI stock price reached its highest trading level at $2.79 during the session, while it also had its lowest trading level at $2.65.
Ratios:
For a better understanding of ABSI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.72 and its Current Ratio is at 5.72. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on January 22, 2025, initiated with a Buy rating and assigned the stock a target price of $9.
On October 02, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $10.
On July 03, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $7.Morgan Stanley initiated its Overweight rating on July 03, 2024, with a $7 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABSI now has a Market Capitalization of 345684896 and an Enterprise Value of 220619840. For the stock, the TTM Price-to-Sale (P/S) ratio is 71.72 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 45.819 whereas that against EBITDA is -2.236.
Stock Price History:
The Beta on a monthly basis for ABSI is 2.07, which has changed by -0.12012988 over the last 52 weeks, in comparison to a change of 0.12463009 over the same period for the S&P500. Over the past 52 weeks, ABSI has reached a high of $6.33, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is -6.03%, while the 200-Day Moving Average is calculated to be -19.98%.
Shares Statistics:
Over the past 3-months, ABSI traded about 3.07M shares per day on average, while over the past 10 days, ABSI traded about 4130740 shares per day. A total of 127.54M shares are outstanding, with a floating share count of 111.47M. Insiders hold about 12.61% of the company’s shares, while institutions hold 66.39% stake in the company. Shares short for ABSI as of 1749772800 were 26097927 with a Short Ratio of 8.49, compared to 1747267200 on 22916081. Therefore, it implies a Short% of Shares Outstanding of 26097927 and a Short% of Float of 24.83.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
