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The closing price of Absci Corp (NASDAQ: ABSI) was $2.89 for the day, down -17.66% from the previous closing price of $3.51. In other words, the price has decreased by -$17.66 from its previous closing price. On the day, 23.7 million shares were traded. ABSI stock price reached its highest trading level at $2.955 during the session, while it also had its lowest trading level at $2.59.
Ratios:
Our analysis of ABSI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.72 and its Current Ratio is at 5.72. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
On January 22, 2025, Needham started tracking the stock assigning a Buy rating and target price of $9.
On October 02, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $10.Guggenheim initiated its Buy rating on October 02, 2024, with a $10 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, ABSI now has a Market Capitalization of 368645536 and an Enterprise Value of 243580528. For the stock, the TTM Price-to-Sale (P/S) ratio is 76.48 while its Price-to-Book (P/B) ratio in mrq is 1.85. Its current Enterprise Value per Revenue stands at 50.588 whereas that against EBITDA is -2.469.
Stock Price History:
The Beta on a monthly basis for ABSI is 2.08, which has changed by -0.35201794 over the last 52 weeks, in comparison to a change of 0.16932249 over the same period for the S&P500. Over the past 52 weeks, ABSI has reached a high of $6.33, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 1.85%, while the 200-Day Moving Average is calculated to be -12.07%.
Shares Statistics:
ABSI traded an average of 3.63M shares per day over the past three months and 7720830 shares per day over the past ten days. A total of 127.54M shares are outstanding, with a floating share count of 111.47M. Insiders hold about 12.61% of the company’s shares, while institutions hold 65.97% stake in the company. Shares short for ABSI as of 1752537600 were 31063797 with a Short Ratio of 8.55, compared to 1749772800 on 26097927. Therefore, it implies a Short% of Shares Outstanding of 31063797 and a Short% of Float of 29.56.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
