Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Abivax ADR (NASDAQ: ABVX) closed at $6.68 down -4.30% from its previous closing price of $6.98. In other words, the price has decreased by -$4.30 from its previous closing price. On the day, 0.14 million shares were traded. ABVX stock price reached its highest trading level at $7.03 during the session, while it also had its lowest trading level at $6.63.
Ratios:
For a deeper understanding of Abivax ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.04 and its Current Ratio is at 3.04. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.48.
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, JMP Securities on December 04, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $33.
On July 29, 2024, Laidlaw started tracking the stock assigning a Buy rating and target price of $48.
On May 20, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $43.BTIG Research initiated its Buy rating on May 20, 2024, with a $43 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, ABVX now has a Market Capitalization of 460434336 and an Enterprise Value of 311359872. Its current Enterprise Value per Revenue stands at 34.477 whereas that against EBITDA is -1.833.
Stock Price History:
Over the past 52 weeks, ABVX has reached a high of $17.02, while it has fallen to a 52-week low of $6.53. The 50-Day Moving Average of the stock is -23.21%, while the 200-Day Moving Average is calculated to be -43.17%.
Shares Statistics:
For the past three months, ABVX has traded an average of 162.43K shares per day and 258600 over the past ten days. A total of 62.92M shares are outstanding, with a floating share count of 55.09M. Insiders hold about 13.03% of the company’s shares, while institutions hold 31.79% stake in the company. Shares short for ABVX as of 1734048000 were 577227 with a Short Ratio of 3.55, compared to 1731628800 on 283238. Therefore, it implies a Short% of Shares Outstanding of 577227 and a Short% of Float of 1.11.
