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The price of Arbutus Biopharma Corp (NASDAQ: ABUS) closed at $4.02 in the last session, down -2.90% from day before closing price of $4.14. In other words, the price has decreased by -$2.90 from its previous closing price. On the day, 6.93 million shares were traded. ABUS stock price reached its highest trading level at $4.18 during the session, while it also had its lowest trading level at $4.015.
Ratios:
We take a closer look at ABUS’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 758903616 and an Enterprise Value of 624373760. For the stock, the TTM Price-to-Sale (P/S) ratio is 75.44 while its Price-to-Book (P/B) ratio in mrq is 6.20. Its current Enterprise Value per Revenue stands at 62.059 whereas that against EBITDA is -7.709.
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 2.94%, while the 200-Day Moving Average is calculated to be 32.46%.
Shares Statistics:
According to the various share statistics, ABUS traded on average about 1.10M shares per day over the past 3-months and 1994470 shares per day over the past 10 days. A total of 169.87M shares are outstanding, with a floating share count of 146.67M. Insiders hold about 22.31% of the company’s shares, while institutions hold 51.17% stake in the company. Shares short for ABUS as of 1724976000 were 6064382 with a Short Ratio of 5.52, compared to 1722384000 on 6798270. Therefore, it implies a Short% of Shares Outstanding of 6064382 and a Short% of Float of 4.0799997999999995.
