Ratio Examination: Abacus Life Inc (ABL)’s Price-to-Cash and Price-to-Free Cash Flow

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In the latest session, Abacus Life Inc (NASDAQ: ABL) closed at $8.71 down -10.71% from its previous closing price of $9.76. In other words, the price has decreased by -$10.71 from its previous closing price. On the day, 1.22 million shares were traded. ABL stock price reached its highest trading level at $8.925 during the session, while it also had its lowest trading level at $8.3.

Ratios:

For a deeper understanding of Abacus Life Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 1.14 whereas as Long-Term Debt/Eq ratio is at 1.04.

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, B. Riley Securities on May 31, 2024, initiated with a Buy rating and assigned the stock a target price of $16.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 17 ’23 when Gusky Adam Samuel bought 5,000 shares for $6.02 per share. The transaction valued at 30,100 led to the insider holds 22,718 shares of the business.

Gusky Adam Samuel bought 7,200 shares of ABL for $44,381 on Nov 16 ’23. The Director now owns 17,718 shares after completing the transaction at $6.16 per share. On Nov 16 ’23, another insider, McNealy Sean, who serves as the Co-Founder and President of the company, bought 300 shares for $6.17 each. As a result, the insider paid 1,851 and bolstered with 12,593,550 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, ABL now has a Market Capitalization of 557305856 and an Enterprise Value of 669493312. As of this moment, Abacus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 309.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.17 while its Price-to-Book (P/B) ratio in mrq is 3.32. Its current Enterprise Value per Revenue stands at 8.626 whereas that against EBITDA is 26.103.

Stock Price History:

Over the past 52 weeks, ABL has reached a high of $13.25, while it has fallen to a 52-week low of $5.47. The 50-Day Moving Average of the stock is -23.73%, while the 200-Day Moving Average is calculated to be -11.21%.

Shares Statistics:

For the past three months, ABL has traded an average of 27.14K shares per day and 137910 over the past ten days. A total of 63.24M shares are outstanding, with a floating share count of 2.06M. Insiders hold about 96.78% of the company’s shares, while institutions hold 0.87% stake in the company. Shares short for ABL as of 1715731200 were 322920 with a Short Ratio of 13.73, compared to 1713139200 on 318463. Therefore, it implies a Short% of Shares Outstanding of 322920 and a Short% of Float of 15.689998999999998.

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