Financial Health Check: Examining Arbutus Biopharma Corp (ABUS)’s Key Ratios

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Arbutus Biopharma Corp (NASDAQ: ABUS) closed the day trading at $2.95 down -1.99% from the previous closing price of $3.01. In other words, the price has decreased by -$1.99 from its previous closing price. On the day, 1.29 million shares were traded. ABUS stock price reached its highest trading level at $3.01 during the session, while it also had its lowest trading level at $2.915.

Ratios:

For a better understanding of ABUS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.69 and its Current Ratio is at 6.69. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.

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 Feb 02 ’24 when McElhaugh Michael J. sold 10,164 shares for $2.31 per share. The transaction valued at 23,504 led to the insider holds 1,504,793 shares of the business.

Sofia Michael J. sold 9,982 shares of ABUS for $23,083 on Feb 02 ’24. The Chief Scientific Officer now owns 1,485,121 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 568040192 and an Enterprise Value of 435555360. For the stock, the TTM Price-to-Sale (P/S) ratio is 42.86 while its Price-to-Book (P/B) ratio in mrq is 4.64. Its current Enterprise Value per Revenue stands at 33.54 whereas that against EBITDA is -5.538.

Stock Price History:

The Beta on a monthly basis for ABUS is 1.94, which has changed by 0.22406638 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, ABUS has reached a high of $3.64, while it has fallen to a 52-week low of $1.69. The 50-Day Moving Average of the stock is -1.98%, while the 200-Day Moving Average is calculated to be 20.52%.

Shares Statistics:

Over the past 3-months, ABUS traded about 1.24M shares per day on average, while over the past 10 days, ABUS traded about 998450 shares per day. A total of 169.87M shares are outstanding, with a floating share count of 146.65M. Insiders hold about 22.29% of the company’s shares, while institutions hold 49.97% stake in the company. Shares short for ABUS as of 1715731200 were 5336963 with a Short Ratio of 4.06, compared to 1713139200 on 5170836. Therefore, it implies a Short% of Shares Outstanding of 5336963 and a Short% of Float of 3.5900000000000003.

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