Abacus Global Management Inc (ABL) plunge -3.65% in a week: will this be a lucky break through?

Abacus Global Management Inc (NASDAQ: ABL) started the day on Wednesday, with a price increase of 3.09% at $5.01, before settling in for the price of $4.86 at the close. Taking a more long-term approach, ABL posted a 52-week range of $4.60-$11.86.

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

In the past 5-years timespan, the Financial sector firm’s annual sales growth was -7.85%. Meanwhile, its Annual Earning per share during the time was -7.85%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 15.19%. This publicly-traded company’s shares outstanding now amounts to $95.80 million, simultaneously with a float of $34.76 million. The organization now has a market capitalization sitting at $490.32 million. At the time of writing, stock’s 50-day Moving Average stood at $6.69, while the 200-day Moving Average is $7.75.

Abacus Global Management Inc (ABL) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Insurance – Life Industry. Abacus Global Management Inc’s current insider ownership accounts for 64.48%, in contrast to 28.10% institutional ownership. According to the most recent insider trade that took place on Jun 04 ’25, this organization’s Co-Founder and President bought 86,207 shares at the rate of 5.77, making the entire transaction reach 497,759 in total value, affecting insider ownership by 12,455,707. Preceding that transaction, on Jun 04 ’25, Company’s Co-Founder and President bought 86,207 for 5.77, making the whole transaction’s value amount to 497,759. This particular insider is now the holder of 12,447,415 in total.

Abacus Global Management Inc (ABL) Earnings and Revenue Records

Abacus Global Management Inc’s EPS increase for this current 12-month fiscal period is 15.19% and is forecasted to reach 0.96 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 21.40% through the next 5 years, which can be compared against the -7.85% growth it accomplished over the previous five years trading on the market.

Abacus Global Management Inc (NASDAQ: ABL) Trading Performance Indicators

Let’s observe the current performance indicators for Abacus Global Management Inc (ABL). It’s Quick Ratio in the last reported quarter now stands at 0.47. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.58.

In the same vein, ABL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.23, a figure that is expected to reach 0.17 in the next quarter, and analysts are predicting that it will be 0.96 at the market close of one year from today.

Technical Analysis of Abacus Global Management Inc (ABL)

If we take a close look at the recent performances of Abacus Global Management Inc (NASDAQ: ABL), its last 5-days Average volume was 0.68 million that shows progress from its year to date volume of 0.6 million. During the previous 9 days, stock’s Stochastic %D was recorded 11.38% While, its Average True Range was 38.83%.

Raw Stochastic average of Abacus Global Management Inc (ABL) in the period of the previous 100 days is set at 8.18%, which indicates a major fall in contrast to 38.00% 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 0.29 that was lower than 0.40 volatility it exhibited in the past 100-days period.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.