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.
Stocks Info
The company is listed on the NASDAQ and operates within the Biotechnology industry segment. The current market capitalization of Absci Corp is $387.10M. A total of 3.79 million shares were traded on the day, compared to an average of 5.62M shares.
In the most recent transaction, Jonasson Zachariah sold 19,859 shares of ABSI for 4.98 per share on Jun 13 ’24. After the transaction, the CFO / CBO now owns 384,751 company shares. In a previous transaction on May 22 ’24, Phoenix Venture Partners II LP sold 3,100,000 shares at 4.40 per share. ABSI shares that 10% Owner owns now total 11,279,522.
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, ABSI has a high of $6.72 and a low of $2.45.
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. ABSI’s latest balance sheet shows that the firm has $252.57M in Cash & Short Term Investments as of fiscal 2021. There were $20.01M in debt and $33.86M in liabilities at the time. Its Book Value Per Share was $1.76, while its Total Shareholder’s Equity was $366.11M.
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 ABSI is Buy with a score of 4.88.
