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The closing price of AbCellera Biologics Inc (NASDAQ: ABCL) was $3.78 for the day, up 0.80% from the previous closing price of $3.75. In other words, the price has increased by $0.80 from its previous closing price. On the day, 1.2 million shares were traded. ABCL stock price reached its highest trading level at $3.88 during the session, while it also had its lowest trading level at $3.715.
Ratios:
Our analysis of ABCL’s different ratios will help us gain a deeper understanding of the company. 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 1111524224 and an Enterprise Value of 487112480. For the stock, the TTM Price-to-Sale (P/S) ratio is 31.06 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 13.611 whereas that against EBITDA is -2.394.
Stock Price History:
Over the past 52 weeks, ABCL has reached a high of $8.05, while it has fallen to a 52-week low of $3.58. The 50-Day Moving Average of the stock is -6.11%, while the 200-Day Moving Average is calculated to be -19.90%.
Shares Statistics:
ABCL traded an average of 1.26M shares per day over the past three months and 1391000 shares per day over the past ten days. A total of 290.82M shares are outstanding, with a floating share count of 206.02M. Insiders hold about 29.94% of the company’s shares, while institutions hold 38.64% stake in the company. Shares short for ABCL as of 1715731200 were 19748393 with a Short Ratio of 15.66, compared to 1713139200 on 23091848. Therefore, it implies a Short% of Shares Outstanding of 19748393 and a Short% of Float of 8.7299995.
