AbCellera Biologics Inc (NASDAQ: ABCL) on Friday, plunged -4.75% from the previous trading day, before settling in for the closing price of $2.95. Within the past 52 weeks, ABCL’s price has moved between $2.34 and $6.05.
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
It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 387.52%. The company achieved an average annual earnings per share of -15.13%. With a float of $221.93 million, this company’s outstanding shares have now reached $295.16 million.
The extent of productivity of a business whose workforce counts for 586 workers is very important to gauge. In terms of profitability, gross margin is -179.73%, operating margin of -934.58%, and the pretax margin is -613.32%.
AbCellera Biologics Inc (ABCL) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of AbCellera Biologics Inc is 24.86%, while institutional ownership is 34.59%.
AbCellera Biologics Inc (ABCL) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -15.13% per share during the next fiscal year.
AbCellera Biologics Inc (NASDAQ: ABCL) Trading Performance Indicators
AbCellera Biologics Inc (ABCL) is currently performing well based on its current performance indicators. A quick ratio of 9.34 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 23.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.57 in one year’s time.
Technical Analysis of AbCellera Biologics Inc (ABCL)
The latest stats from [AbCellera Biologics Inc, ABCL] show that its last 5-days average volume of 2.84 million was superior to 1.75 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 37.39%. Additionally, its Average True Range was 0.17.
During the past 100 days, AbCellera Biologics Inc’s (ABCL) raw stochastic average was set at 43.18%, which indicates a significant increase from 15.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.37% in the past 14 days, which was lower than the 58.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.78, while its 200-day Moving Average is $3.29. Now, the first resistance to watch is $2.99. This is followed by the second major resistance level at $3.16. The third major resistance level sits at $3.28. If the price goes on to break the first support level at $2.70, it is likely to go to the next support level at $2.58. The third support level lies at $2.41 if the price breaches the second support level.
AbCellera Biologics Inc (NASDAQ: ABCL) Key Stats
Market capitalization of the company is 790.59 million based on 295,366K outstanding shares. Right now, sales total 38,030 K and income totals -146,400 K. The company made 6,510 K in profit during its latest quarter, and -51,110 K in sales during its previous quarter.
