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Absci Corp (NASDAQ: ABSI) closed the day trading at $2.71 down -3.90% from the previous closing price of $2.82. In other words, the price has decreased by -$3.90 from its previous closing price. On the day, 3.12 million shares were traded.
Ratios:
For a better understanding of ABSI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.72 and its Current Ratio is at 5.72. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on January 22, 2025, initiated with a Buy rating and assigned the stock a target price of $9.
On October 02, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $10.
On July 03, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $7.Morgan Stanley initiated its Overweight rating on July 03, 2024, with a $7 target price.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 71.72 while its Price-to-Book (P/B) ratio in mrq is 1.74.
Stock Price History:
Over the past 52 weeks, ABSI has reached a high of $6.33, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is -5.48%, while the 200-Day Moving Average is calculated to be -20.95%.
Shares Statistics:
A total of 127.54M shares are outstanding, with a floating share count of 111.47M. Insiders hold about 12.61% of the company’s shares, while institutions hold 66.39% stake in the company.
