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The closing price of AbCellera Biologics Inc (NASDAQ: ABCL) was $4.92 for the day, down -4.47% from the previous closing price of $5.15. In other words, the price has decreased by -$4.47 from its previous closing price. On the day, 7.31 million shares were traded. ABCL stock price reached its highest trading level at $5.228 during the session, while it also had its lowest trading level at $4.8911.
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.
The Benchmark Company Upgraded its Hold to Buy on February 22, 2024, while the target price for the stock was maintained at $9.
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 1468546176 and an Enterprise Value of 999777024. For the stock, the TTM Price-to-Sale (P/S) ratio is 63.52 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 43.254 whereas that against EBITDA is -4.324.
Stock Price History:
The Beta on a monthly basis for ABCL is 0.64, which has changed by 0.6345515 over the last 52 weeks, in comparison to a change of 0.16260707 over the same period for the S&P500. Over the past 52 weeks, ABCL has reached a high of $5.82, while it has fallen to a 52-week low of $1.89. The 50-Day Moving Average of the stock is 59.63%, while the 200-Day Moving Average is calculated to be 74.41%.
Shares Statistics:
ABCL traded an average of 5.96M shares per day over the past three months and 8201750 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 1751241600 were 30416351 with a Short Ratio of 5.10, compared to 1748563200 on 22838994. Therefore, it implies a Short% of Shares Outstanding of 30416351 and a Short% of Float of 13.229999000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
