Abacus Global Management Inc (NASDAQ: ABL) on Monday, plunged -14.71% from the previous trading day, before settling in for the closing price of $5.44. Within the past 52 weeks, ABL’s price has moved between $5.10 and $11.86.
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During the last 5-year period, the sales drop of Financial Sector giant was -7.85%. The company achieved an average annual earnings per share of 15.19%. With a float of $33.96 million, this company’s outstanding shares have now reached $95.80 million.
Let’s determine the extent of company efficiency that accounts for 157 employees. In terms of profitability, gross margin is 87.07%, operating margin of 13.21%, and the pretax margin is -8.56%.
Abacus Global Management Inc (ABL) Insider Activity
Observing investor behavior towards Insurance – Life industry stocks is more important than anything else. The insider ownership of Abacus Global Management Inc is 64.48%, while institutional ownership is 28.76%. The most recent insider transaction that took place on Jun 04 ’25, was worth 497,759. In this transaction Co-Founder and President of this company bought 86,207 shares at a rate of $5.77, taking the stock ownership to the 12,455,707 shares. Before that another transaction happened on Jun 04 ’25, when Company’s Co-Founder and President bought 86,207 for $5.77, making the entire transaction worth $497,759. This insider now owns 12,447,415 shares in total.
Abacus Global Management Inc (ABL) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 15.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.40% during the next five years compared to -7.85% drop over the previous five years of trading.
Abacus Global Management Inc (NASDAQ: ABL) Trading Performance Indicators
Abacus Global Management Inc (ABL) is currently performing well based on its current performance indicators. A quick ratio of 0.47 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 3.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.23, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.96 in one year’s time.
Technical Analysis of Abacus Global Management Inc (ABL)
Looking closely at Abacus Global Management Inc (NASDAQ: ABL), its last 5-days average volume was 1.31 million, which is a jump from its year-to-date volume of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 11.49%.
During the past 100 days, Abacus Global Management Inc’s (ABL) raw stochastic average was set at 0.80%, which indicates a significant decrease from 2.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.07% in the past 14 days, which was higher than the 64.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.42, while its 200-day Moving Average is $8.04. However, in the short run, Abacus Global Management Inc’s stock first resistance to watch stands at $5.18. Second resistance stands at $5.72. The third major resistance level sits at $6.01. If the price goes on to break the first support level at $4.35, it is likely to go to the next support level at $4.06. Should the price break the second support level, the third support level stands at $3.52.
Abacus Global Management Inc (NASDAQ: ABL) Key Stats
Market capitalization of the company is 443.66 million based on 96,853K outstanding shares. Right now, sales total 111,920 K and income totals -23,960 K. The company made 44,140 K in profit during its latest quarter, and 4,640 K in sales during its previous quarter.
