With 0.85 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.84 million shares. The 52-week range on ABUS shows that it touched its highest point at $4.72 and its lowest point at $2.30 during that stretch. It currently has a 1-year price target of $5.33. Beta for the stock currently stands at 1.49.
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 0.58%, but this was up by 5.49% over a month. The stock gained 24.01% in the past year, while it has gained 5.81% so far this year. A look at the trailing 12-month EPS for ABUS yields -0.43 with Next year EPS estimates of -0.30. For the next quarter, that number is -0.07. This implies an EPS growth rate of 12.50% for this year and 22.08% for next year.
Float and Shares Shorts:
At present, 189.44 million ABUS shares are outstanding with a float of 147.08 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.37513 being high and -$0.39487 being low. For ABUS, this leads to a yearly average estimate of -$0.385. Based on analyst estimates, the high estimate for the next quarter is -$0.1 and the low estimate is -$0.14. The average estimate for the next quarter is thus -$0.12.
Summary of Insider Activity:
Insiders traded ABUS stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
