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The closing price of Arbutus Biopharma Corp (NASDAQ: ABUS) was $4.56 for the day, up 1.56% from the previous closing price of $4.49. In other words, the price has increased by $1.56 from its previous closing price. On the day, 1.63 million shares were traded. ABUS stock price reached its highest trading level at $4.6 during the session, while it also had its lowest trading level at $4.36.
Ratios:
Our analysis of ABUS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.56 and its Current Ratio is at 6.56. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.06.
On February 25, 2021, Jefferies started tracking the stock assigning a Hold rating and target price of $5.
On December 17, 2020, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $10.H.C. Wainwright initiated its Buy rating on December 17, 2020, with a $10 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 14 ’24 when MANCHESTER KEITH S sold 8,846 shares for $3.69 per share. The transaction valued at 32,637 led to the insider holds 46,069 shares of the business.
Sims Karen sold 4,358 shares of ABUS for $10,078 on Feb 02 ’24. The Chief Medical Officer now owns 125,542 shares after completing the transaction at $2.31 per share. On Feb 02 ’24, another insider, HASTINGS DAVID C, who serves as the Chief Financial Officer of the company, sold 9,593 shares for $2.31 each. As a result, the insider received 22,184 and left with 181,907 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABUS now has a Market Capitalization of 860845888 and an Enterprise Value of 726316032. For the stock, the TTM Price-to-Sale (P/S) ratio is 85.57 while its Price-to-Book (P/B) ratio in mrq is 7.03. Its current Enterprise Value per Revenue stands at 72.191 whereas that against EBITDA is -8.968.
Stock Price History:
Over the past 52 weeks, ABUS has reached a high of $4.72, while it has fallen to a 52-week low of $1.69. The 50-Day Moving Average of the stock is 22.29%, while the 200-Day Moving Average is calculated to be 55.19%.
Shares Statistics:
ABUS traded an average of 1.04M shares per day over the past three months and 1580210 shares per day over the past ten days. A total of 169.87M shares are outstanding, with a floating share count of 146.66M. Insiders hold about 22.31% of the company’s shares, while institutions hold 51.16% stake in the company. Shares short for ABUS as of 1723680000 were 6644653 with a Short Ratio of 6.41, compared to 1721001600 on 7019110. Therefore, it implies a Short% of Shares Outstanding of 6644653 and a Short% of Float of 4.4699997.
