Upward Trajectory: AbCellera Biologics Inc (ABCL) Posts a Gaine, Closing at 3.78

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

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.


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.

Most Popular