Absci Corp (ABSI) Stock: A Comprehensive 52-Week Review


The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Absci Corp’s current trading price is -34.97% away from its 52-week high, while its distance from the 52-week low is 293.30%. The stock’s price range for this period has been between $1.11 and $6.72 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.9 million for the day, a number notably lower than the average daily volume of 1.14 million over the last three months.

In terms of market performance, Absci Corp had a fairly even. The highest value for the stock in the past year was $6.72 on 04/09/24, and the lowest value was recorded at $1.11 on 10/26/23.

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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Absci Corp (ABSI) has experienced a quarterly decline of -14.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 494.16M and boasts a workforce of 156 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.77, with a change in price of +0.38. Similarly, Absci Corp recorded 1,337,164 in trading volume during the last 100 days, posting a change of +9.52%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ABSI stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.04.

ABSI Stock Stochastic Average

Absci Corp’s raw stochastic average for the past 50 days is presently 13.28%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 26.87%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 32.59% and 27.09%, respectively.

ABSI Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price gain of 4.05% this year. Over the last six months, there has been a weaker performance of 106.13%. The price of ABSI leaped by -12.60% during the last 30 days period. For the last 5-days stocks have improved 2.82%.

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