A new trading day began on Friday, with AbCellera Biologics Inc (NASDAQ: ABCL) stock price up 0.50% from the previous day of trading, before settling in for the closing price of $2.02. ABCL’s price has ranged from $1.89 to $4.34 over the past 52 weeks.
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
During the last 5-year period, the sales growth of Healthcare Sector giant was 376.38%. Meanwhile, its annual earnings per share averaged -12.62%. With a float of $223.95 million, this company’s outstanding shares have now reached $298.36 million.
Let’s determine the extent of company efficiency that accounts for 596 employees. In terms of profitability, gross margin is -308.69%, operating margin of -1395.34%, and the pretax margin is -911.24%.
AbCellera Biologics Inc (ABCL) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of AbCellera Biologics Inc is 24.97%, while institutional ownership is 37.39%.
AbCellera Biologics Inc (ABCL) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -12.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -3.17% during the next five years compared to -107.74% drop over the previous five years of trading.
AbCellera Biologics Inc (NASDAQ: ABCL) Trading Performance Indicators
Here are AbCellera Biologics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 10.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 26.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.57, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.58 in one year’s time.
Technical Analysis of AbCellera Biologics Inc (ABCL)
Looking closely at AbCellera Biologics Inc (NASDAQ: ABCL), its last 5-days average volume was 6.9 million, which is a jump from its year-to-date volume of 4.29 million. As of the previous 9 days, the stock’s Stochastic %D was 21.00%. Additionally, its Average True Range was 0.15.
During the past 100 days, AbCellera Biologics Inc’s (ABCL) raw stochastic average was set at 7.82%, which indicates a significant decrease from 11.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.11% in the past 14 days, which was lower than the 73.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.30, while its 200-day Moving Average is $2.69. However, in the short run, AbCellera Biologics Inc’s stock first resistance to watch stands at $2.06. Second resistance stands at $2.09. The third major resistance level sits at $2.12. If the price goes on to break the first support level at $2.00, it is likely to go to the next support level at $1.97. Should the price break the second support level, the third support level stands at $1.94.
AbCellera Biologics Inc (NASDAQ: ABCL) Key Stats
With a market capitalization of 605.92 million, the company has a total of 298,424K Shares Outstanding. Currently, annual sales are 28,830 K while annual income is -162,860 K. The company’s previous quarter sales were 4,240 K while its latest quarter income was -45,620 K.
