As on Wednesday, Arbutus Biopharma Corp (NASDAQ: ABUS) started slowly as it slid -0.83% to $2.98, before settling in for the price of $3.01 at the close. Taking a more long-term approach, ABUS posted a 52-week range of $1.69-$3.29.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
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 $136.99 million. The organization now has a market capitalization sitting at $534.88 million. At the time of writing, stock’s 50-day Moving Average stood at $2.71, while the 200-day Moving Average is $2.24.
Arbutus Biopharma Corp (ABUS) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Biotechnology industry. Arbutus Biopharma Corp’s current insider ownership accounts for 23.68%, 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
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$0.12 earnings per share (EPS) for the quarter, besting the agreed prediction (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 0.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 29.49.
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)
Through scrutinizing the latest numbers posted by the [Arbutus Biopharma Corp, ABUS], it can be observed that its last 5-days Average volume of 3.46 million was better the volume of 1.29 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 73.23% 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 79.82%, which indicates a major rise in contrast to 68.69% 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 67.81% that was higher than 42.81% volatility it exhibited in the past 100-days period.
