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After finishing at $3.84 in the prior trading day, Arbutus Biopharma Corp (NASDAQ: ABUS) closed at $3.73, down -2.86%. In other words, the price has decreased by -$2.86 from its previous closing price. On the day, 0.66 million shares were traded. ABUS stock price reached its highest trading level at $3.84 during the session, while it also had its lowest trading level at $3.7.
Ratios:
Our goal is to gain a better understanding of ABUS by taking a closer look at its different ratios. 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:
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 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 704156864 and an Enterprise Value of 569626944. For the stock, the TTM Price-to-Sale (P/S) ratio is 69.99 while its Price-to-Book (P/B) ratio in mrq is 5.75. Its current Enterprise Value per Revenue stands at 56.617 whereas that against EBITDA is -7.033.
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 -5.32%, while the 200-Day Moving Average is calculated to be 19.00%.
Shares Statistics:
The stock has traded on average 1.14M shares per day over the past 3-months and 825080 shares per day over the last 10 days, according to various share statistics. 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 51.23% stake in the company. Shares short for ABUS as of 1726185600 were 6561212 with a Short Ratio of 5.74, compared to 1723680000 on 6644653. Therefore, it implies a Short% of Shares Outstanding of 6561212 and a Short% of Float of 4.4099998000000005.
