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As of close of business last night, AbCellera Biologics Inc’s stock clocked out at $3.37, down -3.44% from its previous closing price of $3.49. In other words, the price has decreased by -$3.44 from its previous closing price. On the day, 1.21 million shares were traded. ABCL stock price reached its highest trading level at $3.6 during the session, while it also had its lowest trading level at $3.3613.
Ratios:
To gain a deeper understanding of ABCL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.75 and its Current Ratio is at 7.76. In the meantime, Its Debt-to-Equity ratio is 0.07 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 1026249216 and an Enterprise Value of 366550176. For the stock, the TTM Price-to-Sale (P/S) ratio is 27.69 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 10.243 whereas that against EBITDA is -1.801.
Stock Price History:
The Beta on a monthly basis for ABCL is 0.45, which has changed by -0.5634715 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, ABCL has reached a high of $8.05, while it has fallen to a 52-week low of $2.65. The 50-Day Moving Average of the stock is -1.99%, while the 200-Day Moving Average is calculated to be -23.68%.
Shares Statistics:
It appears that ABCL traded 1.68M shares on average per day over the past three months and 1787230 shares per day over the past ten days. A total of 290.82M shares are outstanding, with a floating share count of 206.32M. Insiders hold about 29.84% of the company’s shares, while institutions hold 38.64% stake in the company. Shares short for ABCL as of 1719532800 were 18783126 with a Short Ratio of 11.15, compared to 1717113600 on 18417566. Therefore, it implies a Short% of Shares Outstanding of 18783126 and a Short% of Float of 8.3000004.
