There’s No Need To Panic Or Freeze When It Comes To Arbutus Biopharma Corp (NASDAQ: ABUS)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Arbutus Biopharma Announces Claim Construction Ruling in its Ongoing Patent Infringement Lawsuit Against Moderna.

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Stocks Info

The company is listed on the NASDAQ and operates within the Biotechnology industry segment. The current market capitalization of Arbutus Biopharma Corp is $554.62M. A total of 1.22 million shares were traded on the day, compared to an average of 1.34M shares.

In the most recent transaction, McElhaugh Michael J. sold 10,164 shares of ABUS for 2.31 per share on Feb 02 ’24. After the transaction, the Interim President & CEO now owns 1,504,793 company shares. In a previous transaction on Feb 02 ’24, Sofia Michael J. sold 9,982 shares at 2.31 per share. ABUS shares that Chief Scientific Officer owns now total 1,485,121.

Among the insiders who sold shares, HASTINGS DAVID C disposed of 9,593 shares on Feb 02 ’24 at a per-share price of $2.31. This resulted in the Chief Financial Officer holding 181,907 shares of ABUS after the transaction. In another insider transaction, Sims Karen sold 4,358 shares at $2.31 per share on Feb 02 ’24. Company shares held by the Chief Medical Officer now total 125,542.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, ABUS has a high of $3.29 and a low of $1.69.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ABUS’s latest balance sheet shows that the firm has $155.32M in Cash & Short Term Investments as of fiscal 2021. There were $2.61M in debt and $11.22M in liabilities at the time. Its Book Value Per Share was $0.62, while its Total Shareholder’s Equity was $169.44M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ABUS is Buy with a score of 5.00.

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