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Arbutus Biopharma Corp (NASDAQ: ABUS) closed the day trading at $3.44 down -1.43% from the previous closing price of $3.49. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 0.63 million shares were traded. ABUS stock price reached its highest trading level at $3.5399 during the session, while it also had its lowest trading level at $3.42.
Ratios:
For a better understanding of ABUS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.02 and its Current Ratio is at 7.02. 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 651852480 and an Enterprise Value of 530818400. For the stock, the TTM Price-to-Sale (P/S) ratio is 96.71 while its Price-to-Book (P/B) ratio in mrq is 6.10. Its current Enterprise Value per Revenue stands at 78.733 whereas that against EBITDA is -6.881.
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 $1.79. The 50-Day Moving Average of the stock is -12.15%, while the 200-Day Moving Average is calculated to be 1.91%.
Shares Statistics:
Over the past 3-months, ABUS traded about 1.14M shares per day on average, while over the past 10 days, ABUS traded about 976350 shares per day. A total of 169.87M shares are outstanding, with a floating share count of 147.22M. Insiders hold about 22.31% of the company’s shares, while institutions hold 53.46% stake in the company. Shares short for ABUS as of 1730332800 were 6543356 with a Short Ratio of 5.74, compared to 1727654400 on 7358461. Therefore, it implies a Short% of Shares Outstanding of 6543356 and a Short% of Float of 4.38.
