Arbutus Biopharma Corp (ABUS) EPS is poised to hit -0.11 next quarter: How Investors Can Make It Count the Most?

Witnessing the stock’s movement on the chart, on Wednesday, Arbutus Biopharma Corp (NASDAQ: ABUS) set off with pace as it heaved 15.87% to $2.92, before settling in for the price of $2.52 at the close. Taking a more long-term approach, ABUS posted a 52-week range of $1.69-$3.12.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 55.33%. Meanwhile, its Annual Earning per share during the time was 18.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1.36%. This publicly-traded company’s shares outstanding now amounts to $169.87 million, simultaneously with a float of $134.01 million. The organization now has a market capitalization sitting at $524.11 million. At the time of writing, stock’s 50-day Moving Average stood at $2.65, while the 200-day Moving Average is $2.22.

Arbutus Biopharma Corp (ABUS) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. Arbutus Biopharma Corp’s current insider ownership accounts for 25.34%, in contrast to 43.84% institutional ownership. According to the most recent insider trade that took place on Feb 02 ’24, this organization’s Interim President & CEO sold 10,164 shares at the rate of 2.31, making the entire transaction reach 23,504 in total value, affecting insider ownership by 1,504,793. Preceding that transaction, on Feb 02 ’24, Company’s Chief Scientific Officer sold 9,982 for 2.31, making the whole transaction’s value amount to 23,083. This particular insider is now the holder of 1,485,121 in total.

Arbutus Biopharma Corp (ABUS) Earnings and Revenue Records

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.12 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.12) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.

Arbutus Biopharma Corp’s EPS decrease for this current 12-month fiscal period is -1.36% and is forecasted to reach -0.53 in the upcoming year.

Arbutus Biopharma Corp (NASDAQ: ABUS) Trading Performance Indicators

Let’s observe the current performance indicators for Arbutus Biopharma Corp (ABUS). It’s Quick Ratio in the last reported quarter now stands at 5.87. The Stock has managed to achieve an average true range (ATR) of 0.15. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 28.89.

In the same vein, ABUS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.44, a figure that is expected to reach -0.11 in the next quarter, and analysts are predicting that it will be -0.53 at the market close of one year from today.

Technical Analysis of Arbutus Biopharma Corp (ABUS)

Going through the that latest performance of [Arbutus Biopharma Corp, ABUS]. Its last 5-days volume of 2.95 million indicated improvement to the volume of 1.13 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 63.86% While, its Average True Range was 0.18.

Raw Stochastic average of Arbutus Biopharma Corp (ABUS) in the period of the previous 100 days is set at 78.71%, which indicates a major rise in contrast to 65.26% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 69.21% that was higher than 43.17% volatility it exhibited in the past 100-days period.