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In the latest session, AbCellera Biologics Inc (NASDAQ: ABCL) closed at $2.48 down -4.25% from its previous closing price of $2.59. In other words, the price has decreased by -$4.25 from its previous closing price. On the day, 1.58 million shares were traded. ABCL stock price reached its highest trading level at $2.62 during the session, while it also had its lowest trading level at $2.48.
Ratios:
For a deeper understanding of AbCellera Biologics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.96 and its Current Ratio is at 10.96. 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:
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 730771648 and an Enterprise Value of 132468520. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.10 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 4.008 whereas that against EBITDA is -0.617.
Stock Price History:
Over the past 52 weeks, ABCL has reached a high of $6.05, while it has fallen to a 52-week low of $2.34. The 50-Day Moving Average of the stock is -11.22%, while the 200-Day Moving Average is calculated to be -38.57%.
Shares Statistics:
For the past three months, ABCL has traded an average of 1.89M shares per day and 2300420 over the past ten days. A total of 290.82M shares are outstanding, with a floating share count of 206.64M. Insiders hold about 29.87% of the company’s shares, while institutions hold 36.27% stake in the company. Shares short for ABCL as of 1724976000 were 17551585 with a Short Ratio of 9.27, compared to 1722384000 on 17415579. Therefore, it implies a Short% of Shares Outstanding of 17551585 and a Short% of Float of 7.739999999999999.
