On Friday, Abacus Global Management Inc (NASDAQ: ABL) opened lower -5.19% from the last session, before settling in for the closing price of $5.2. Price fluctuations for ABL have ranged from $4.60 to $11.86 over the past 52 weeks.
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During the last 5-year period, the sales drop of Financial Sector giant was -7.85%. Company’s average yearly earnings per share was noted 15.19% at the time writing. With a float of $34.76 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) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Insurance – Life industry is another important factor to consider. The insider ownership of Abacus Global Management Inc is 64.48%, while institutional ownership is 28.10%. 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) Recent Fiscal highlights
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
Check out the current performance indicators for Abacus Global Management Inc (ABL). In the past quarter, the stock posted a quick ratio of 0.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.52.
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 0.95 million, which is a jump from its year-to-date volume of 0.6 million. As of the previous 9 days, the stock’s Stochastic %D was 41.68%.
During the past 100 days, Abacus Global Management Inc’s (ABL) raw stochastic average was set at 6.59%, which indicates a significant decrease from 30.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.30 in the past 14 days, which was lower than the 0.41 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.89, while its 200-day Moving Average is $7.83. However, in the short run, Abacus Global Management Inc’s stock first resistance to watch stands at $5.12. Second resistance stands at $5.31. The third major resistance level sits at $5.42. If the price goes on to break the first support level at $4.82, it is likely to go to the next support level at $4.71. Now, if the price goes above the second support level, the third support stands at $4.52.
Abacus Global Management Inc (NASDAQ: ABL) Key Stats
There are currently 96,853K shares outstanding in the company with a market cap of 482.49 million. Presently, the company’s annual sales total 111,920 K according to its annual income of -23,960 K. Last quarter, the company’s sales amounted to 44,140 K and its income totaled 4,640 K.
