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The closing price of AbCellera Biologics Inc (NASDAQ: ABCL) was $3.8 for the day, up 1.33% from the previous closing price of $3.75. In other words, the price has increased by $1.33 from its previous closing price. On the day, 1.95 million shares were traded. ABCL stock price reached its highest trading level at $3.81 during the session, while it also had its lowest trading level at $3.66.
Ratios:
Our analysis of ABCL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 10.15 and its Current Ratio is at 10.15. In the meantime, Its Debt-to-Equity ratio is 0.07 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 1134242944 and an Enterprise Value of 486383392. For the stock, the TTM Price-to-Sale (P/S) ratio is 49.06 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 21.043 whereas that against EBITDA is -2.104.
Stock Price History:
The Beta on a monthly basis for ABCL is 0.61, which has changed by 0.38181818 over the last 52 weeks, in comparison to a change of 0.12677538 over the same period for the S&P500. Over the past 52 weeks, ABCL has reached a high of $4.09, while it has fallen to a 52-week low of $1.89. The 50-Day Moving Average of the stock is 44.37%, while the 200-Day Moving Average is calculated to be 39.61%.
Shares Statistics:
ABCL traded an average of 5.42M shares per day over the past three months and 6976870 shares per day over the past ten days. A total of 298.36M shares are outstanding, with a floating share count of 223.95M. Insiders hold about 24.97% of the company’s shares, while institutions hold 41.10% stake in the company. Shares short for ABCL as of 1749772800 were 26518430 with a Short Ratio of 4.89, compared to 1747267200 on 22514981. Therefore, it implies a Short% of Shares Outstanding of 26518430 and a Short% of Float of 11.53.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
