Trading Day Triumph: Abivax ADR (ABVX) Ends at 6.00, a 1.01 Surge/Plunge

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Abivax ADR (NASDAQ: ABVX) closed the day trading at $6.00 up 1.01% from the previous closing price of $5.94. In other words, the price has increased by $1.01 from its previous closing price. On the day, 0.62 million shares were traded. ABVX stock price reached its highest trading level at $6.5 during the session, while it also had its lowest trading level at $5.91.

Ratios:

For a better understanding of ABVX, let’s look at its different 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 380299808 and an Enterprise Value of 268573312. Its current Enterprise Value per Revenue stands at 29.739 whereas that against EBITDA is -1.581.

Stock Price History:

The Beta on a monthly basis for ABVX is 0.56, which has changed by -0.5921142 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, ABVX has reached a high of $17.02, while it has fallen to a 52-week low of $5.49. The 50-Day Moving Average of the stock is -10.90%, while the 200-Day Moving Average is calculated to be -39.74%.

Shares Statistics:

Over the past 3-months, ABVX traded about 218.49K shares per day on average, while over the past 10 days, ABVX traded about 484420 shares per day. A total of 62.92M shares are outstanding, with a floating share count of 55.12M. Insiders hold about 13.02% of the company’s shares, while institutions hold 35.67% stake in the company. Shares short for ABVX as of 1740700800 were 1233935 with a Short Ratio of 5.65, compared to 1738281600 on 1195936. Therefore, it implies a Short% of Shares Outstanding of 1233935 and a Short% of Float of 2.3699999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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