Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Absci Corp (NASDAQ: ABSI) closed the day trading at $2.54 down -3.42% from the previous closing price of $2.63. In other words, the price has decreased by -$3.42 from its previous closing price. On the day, 3.15 million shares were traded. ABSI stock price reached its highest trading level at $2.65 during the session, while it also had its lowest trading level at $2.515.
Ratios:
For a better understanding of ABSI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.39 and its Current Ratio is at 4.39. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
On January 22, 2025, Needham started tracking the stock assigning a Buy rating and target price of $9. On October 02, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $10.Guggenheim initiated its Buy rating on October 02, 2024, with a $10 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 28 ’25 when Busch Andreas bought 50,000 shares for $3.04 per share. The transaction valued at 152,000 led to the insider holds 327,264 shares of the business.
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 393245312 and an Enterprise Value of 269741536. For the stock, the TTM Price-to-Sale (P/S) ratio is 91.73 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 65.186 whereas that against EBITDA is -2.6.
Stock Price History:
The Beta on a monthly basis for ABSI is 2.03, which has changed by -0.43429846 over the last 52 weeks, in comparison to a change of 0.14460516 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 -10.82%, while the 200-Day Moving Average is calculated to be -19.66%.
Shares Statistics:
Over the past 3-months, ABSI traded about 4.82M shares per day on average, while over the past 10 days, ABSI traded about 5458880 shares per day. A total of 149.52M shares are outstanding, with a floating share count of 130.64M. Insiders hold about 12.63% of the company’s shares, while institutions hold 60.00% stake in the company. Shares short for ABSI as of 1753920000 were 30406020 with a Short Ratio of 6.31, compared to 1751241600 on 32103327. Therefore, it implies a Short% of Shares Outstanding of 30406020 and a Short% of Float of 24.97.
Earnings Estimates
As of right now, 6.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is -$0.19, with high estimates of -$0.15 and low estimates of -$0.24.
Analysts are recommending an EPS of between -$0.66 and -$0.91 for the fiscal current year, implying an average EPS of -$0.79. EPS for the following year is -$0.65, with 7.0 analysts recommending between -$0.24 and -$0.89.
Revenue Estimates
7 analysts predict $1.46M in revenue for the current quarter. It ranges from a high estimate of $2M to a low estimate of $700k. As of the current estimate, Absci Corp’s year-ago sales were $1.7MFor the next quarter, 7 analysts are estimating revenue of $1.5M. There is a high estimate of $2M for the next quarter, whereas the lowest estimate is $1M.
A total of 7 analysts have provided revenue estimates for ABSI’s current fiscal year. The highest revenue estimate was $6M, while the lowest revenue estimate was $3.5M, resulting in an average revenue estimate of $4.85M. In the same quarter a year ago, actual revenue was $4.53MBased on 7 analysts’ estimates, the company’s revenue will be $20.15M in the next fiscal year. The high estimate is $56.14M and the low estimate is $4.2M.
