With 0.92 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.87 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $3.38 whereas the lowest price it dropped to was $3.215. The 52-week range on ABUS shows that it touched its highest point at $4.72 and its lowest point at $2.21 during that stretch. It currently has a 1-year price target of $5.20. Beta for the stock currently stands at 1.78.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ABUS was up-trending over the past week, with a rise of 2.45%, but this was down by -8.97% over a month. Three-month performance dropped to -11.14% while six-month performance fell -1.76%. The stock gained 36.73% in the past year, while it has gained 2.45% so far this year. A look at the trailing 12-month EPS for ABUS yields -0.43 with Next year EPS estimates of -0.34. For the next quarter, that number is -0.08. This implies an EPS growth rate of 11.82% for this year and 11.86% for next year.
Float and Shares Shorts:
At present, 189.44 million ABUS shares are outstanding with a float of 147.38 million shares on hand for trading. On 2024-12-13, short shares totaled 5.97 million, which was 315.0 higher than short shares on 1731628800. In addition to Mr. Michael J. McElhaugh as the firm’s Co-Founder, Interim President, CEO & Director, Mr. David C. Hastings CPA serves as its CFO & Chief Accounting Officer.
Institutional Ownership:
Through their ownership of 0.53834 of ABUS’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ABUS reported revenue of $1339000.0 and operating income of -$17471000.0. The EBITDA in the recently reported quarter was -$15388000.0 and diluted EPS was -$0.1.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ABUS since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ABUS analysts setting a high price target of 10.038 and a low target of 5.569, the average target price over the next 12 months is 7.3314. Based on these targets, ABUS could surge 199.64% to reach the target high and rise by 66.24% to reach the target low. Reaching the average price target will result in a growth of 118.85% from current levels.
Analysts have provided yearly estimates in a range of -$0.37805 being high and -$0.39795 being low. For ABUS, this leads to a yearly average estimate of -$0.388.
