AbCellera Biologics Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $6.05 on 01/08/24, while the lowest price for the same duration was marked at $2.34 on 09/10/24.
52-week price history of ABCL Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. AbCellera Biologics Inc’s current trading price is -52.73% away from its 52-week high, while its distance from the 52-week low is 22.58%. The stock’s price range during this period has spanned from $2.34 to $6.05. In the Healthcare sector, the AbCellera Biologics Inc’s shares surpassed a trading volume of approximately 1.11 million for the day, which was noticeably lower compared to the average daily volume of 9.2.17 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
AbCellera Biologics Inc (ABCL) has experienced a quarterly rise of 19.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 845.42M and boasts a workforce of 586 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.74, with a change in price of -0.62. Similarly, AbCellera Biologics Inc recorded 1,980,242 in trading volume during the last 100 days, posting a change of -17.77%.
Examining ABCL’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ABCL stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.06.
ABCL Stock Stochastic Average
Today, AbCellera Biologics Inc’s raw stochastic average for the past 50 days stands at 59.74%, indicating a rise from the raw stochastic average of the last 20 days, which was 49.18%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 54.52% and 63.24% respectively.
ABCL Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -49.87% this year. Over the last six months, there has been a stronger performance of -24.28%. The price of ABCL fallen by 5.23% during the last 30 days period. For the last 5-days stocks have slided -4.59%.
