The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -26.67%. However, over the past six months, we’ve seen a stronger performance of -8.06%. The price of ABSI leaped by -3.75% over the last 30 days. And in the last five days, it has fallen by -6.10%.
The stock price for Absci Corporation (ABSI) currently stands at $1.54. The stock experienced a substantial increase in the last session, hitting $1.69 after starting at $1.68. The stock’s lowest price was $1.54 before closing at $1.69.
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The market performance of Absci Corporation’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $4.36 on 09/16/22, while the lowest value for the same duration was $1.13 on 05/17/23.
52-week price history of ABSI Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Absci Corporation’s current trading price is -64.68% away from its 52-week high, while its distance from the 52-week low is 36.28%. The stock’s price range during this period has varied between$1.13 and $4.36. The Absci Corporation’s shares, which operate in the Healthcare, saw a trading volume of around 0.82 million for the day, a figure considerably higher than their average daily volume of 0.62 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Absci Corporation (ABSI) has experienced a quarterly decline of -9.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 156.69M and boasts a workforce of 193 employees.
Absci Corporation: Analysts’ Ratings Unveiled
As of right now, 5 analysts are rating Absci Corporation as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.6940, with a change in price of -0.0100. Similarly, Absci Corporation recorded 619,895 in trading volume during the last 100 days, posting a change of -0.65%.
ABSI’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ABSI stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.03.
ABSI Stock Stochastic Average
As of today, Absci Corporation’s raw stochastic average for the last 50 days stands at 12.31%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 4.26%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 24.36% and 28.01%, respectively.
