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After finishing at $2.77 in the prior trading day, AbCellera Biologics Inc (NASDAQ: ABCL) closed at $2.76, down -0.36%. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 1.12 million shares were traded. ABCL stock price reached its highest trading level at $2.825 during the session, while it also had its lowest trading level at $2.69.
Ratios:
Our goal is to gain a better understanding of ABCL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.75 and its Current Ratio is at 7.76. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.
On December 05, 2023, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $6.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABCL now has a Market Capitalization of 796886400 and an Enterprise Value of 172474304. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.68 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 4.819 whereas that against EBITDA is -0.848.
Stock Price History:
Over the past 52 weeks, ABCL has reached a high of $8.05, while it has fallen to a 52-week low of $2.70. The 50-Day Moving Average of the stock is -23.22%, while the 200-Day Moving Average is calculated to be -38.75%.
Shares Statistics:
The stock has traded on average 1.55M shares per day over the past 3-months and 2299580 shares per day over the last 10 days, according to various share statistics. A total of 290.82M shares are outstanding, with a floating share count of 206.32M. Insiders hold about 29.84% of the company’s shares, while institutions hold 38.64% stake in the company. Shares short for ABCL as of 1718323200 were 19719607 with a Short Ratio of 12.71, compared to 1715731200 on 19748393. Therefore, it implies a Short% of Shares Outstanding of 19719607 and a Short% of Float of 8.72.
