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The closing price of AbCellera Biologics Inc (NASDAQ: ABCL) was $2.53 for the day, up 0.40% from the previous closing price of $2.52. In other words, the price has increased by $0.40 from its previous closing price. On the day, 4.43 million shares were traded.
Ratios:
Our analysis of ABCL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.81 and its Current Ratio is at 9.81. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.06.
On February 22, 2024, The Benchmark Company Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $9.
On December 05, 2023, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $6.KeyBanc Capital Markets initiated its Overweight rating on December 05, 2023, with a $6 target price.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 26.15 while its Price-to-Book (P/B) ratio in mrq is 0.71.
Stock Price History:
Over the past 52 weeks, ABCL has reached a high of $4.34, while it has fallen to a 52-week low of $1.89. The 50-Day Moving Average of the stock is 0.32%, while the 200-Day Moving Average is calculated to be -8.50%.
Shares Statistics:
A total of 295.76M shares are outstanding, with a floating share count of 223.58M. Insiders hold about 24.97% of the company’s shares, while institutions hold 37.07% stake in the company.
