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After finishing at $3.79 in the prior trading day, Arbutus Biopharma Corp (NASDAQ: ABUS) closed at $3.77, down -0.53%. In other words, the price has decreased by -$0.53 from its previous closing price. On the day, 0.96 million shares were traded. ABUS stock price reached its highest trading level at $3.885 during the session, while it also had its lowest trading level at $3.73.
Ratios:
Our goal is to gain a better understanding of ABUS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.69 and its Current Ratio is at 6.69. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
On February 25, 2021, Jefferies started tracking the stock assigning a Hold rating and target price of $5.
On December 17, 2020, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $10.H.C. Wainwright initiated its Buy rating on December 17, 2020, with a $10 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 02 ’24 when McElhaugh Michael J. sold 10,164 shares for $2.31 per share. The transaction valued at 23,504 led to the insider holds 1,504,793 shares of the business.
Sofia Michael J. sold 9,982 shares of ABUS for $23,083 on Feb 02 ’24. The Chief Scientific Officer now owns 1,485,121 shares after completing the transaction at $2.31 per share. On Feb 02 ’24, another insider, HASTINGS DAVID C, who serves as the Chief Financial Officer of the company, sold 9,593 shares for $2.31 each. As a result, the insider received 22,184 and left with 181,907 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, ABUS now has a Market Capitalization of 711463040 and an Enterprise Value of 594077952. For the stock, the TTM Price-to-Sale (P/S) ratio is 54.77 while its Price-to-Book (P/B) ratio in mrq is 5.93. Its current Enterprise Value per Revenue stands at 45.748 whereas that against EBITDA is -7.553.
Stock Price History:
Over the past 52 weeks, ABUS has reached a high of $3.98, while it has fallen to a 52-week low of $1.69. The 50-Day Moving Average of the stock is 12.06%, while the 200-Day Moving Average is calculated to be 42.11%.
Shares Statistics:
The stock has traded on average 984.53K shares per day over the past 3-months and 791920 shares per day over the last 10 days, according to various share statistics. A total of 169.87M shares are outstanding, with a floating share count of 146.65M. Insiders hold about 22.29% of the company’s shares, while institutions hold 49.99% stake in the company. Shares short for ABUS as of 1721001600 were 7019110 with a Short Ratio of 7.13, compared to 1718323200 on 5370956. Therefore, it implies a Short% of Shares Outstanding of 7019110 and a Short% of Float of 4.7199998.
