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The price of AbCellera Biologics Inc (NASDAQ: ABCL) closed at $2.71 in the last session, up 3.83% from day before closing price of $2.61. In other words, the price has increased by $3.83 from its previous closing price. On the day, 2.46 million shares were traded. ABCL stock price reached its highest trading level at $2.795 during the session, while it also had its lowest trading level at $2.63.
Ratios:
We take a closer look at ABCL’s different ratios to gain a better understanding of the stock. 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 December 05, 2023, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $6.
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 798544832 and an Enterprise Value of 200241584. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.15 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 6.058 whereas that against EBITDA is -0.933.
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 $2.40. The 50-Day Moving Average of the stock is -9.71%, while the 200-Day Moving Average is calculated to be -36.32%.
Shares Statistics:
According to the various share statistics, ABCL traded on average about 1.65M shares per day over the past 3-months and 1572750 shares per day over the past 10 days. A total of 290.82M shares are outstanding, with a floating share count of 206.75M. Insiders hold about 29.84% of the company’s shares, while institutions hold 36.20% stake in the company. Shares short for ABCL as of 1722384000 were 17415579 with a Short Ratio of 10.55, compared to 1719532800 on 18783126. Therefore, it implies a Short% of Shares Outstanding of 17415579 and a Short% of Float of 7.6799995999999995.
