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The price of AbCellera Biologics Inc (NASDAQ: ABCL) closed at $3.68 in the last session, up 10.51% from day before closing price of $3.33. In other words, the price has increased by $10.51% from its previous closing price. On the day, 7.94 million shares were traded. ABCL stock price reached its highest trading level at $3.77 during the session, while it also had its lowest trading level at $3.35.
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 10.15 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 1098424832 and an Enterprise Value of 561004544. For the stock, the TTM Price-to-Sale (P/S) ratio is 47.51 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 24.271 whereas that against EBITDA is -2.427.
Stock Price History:
The Beta on a monthly basis for ABCL is 0.42, which has changed by 0.31899643 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, ABCL has reached a high of $3.68, while it has fallen to a 52-week low of $1.89. The 50-Day Moving Average of the stock is 49.54%, while the 200-Day Moving Average is calculated to be 37.14%.
Shares Statistics:
According to the various share statistics, ABCL traded on average about 4.91M shares per day over the past 3-months and 9946620 shares per day over the past 10 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 41.08% stake in the company. Shares short for ABCL as of 1748563200 were 22838994 with a Short Ratio of 4.65, compared to 1745971200 on 23010233. Therefore, it implies a Short% of Shares Outstanding of 22838994 and a Short% of Float of 9.9300005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
