With 1.11 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.04 million shares. The 52-week range on ABUS shows that it touched its highest point at $4.72 and its lowest point at $2.70 during that stretch. It currently has a 1-year price target of $5.25. Beta for the stock currently stands at 1.29.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ABUS was down-trending over the past week, with a drop of -7.32%, but this was up by 9.48% over a month. Three-month performance dropped to -8.36% while six-month performance fell -16.92%. The stock gained 21.40% in the past year, while it has gained 0.61% so far this year. A look at the trailing 12-month EPS for ABUS yields -0.38 with Next year EPS estimates of -0.10. For the next quarter, that number is -0.10. This implies an EPS growth rate of 43.68% for this year and 53.27% for next year. EPS is expected to grow by 49.14% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 33.46%.
Float and Shares Shorts:
At present, 189.96 million ABUS shares are outstanding with a float of 148.63 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ABUS since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.37805 being high and -$0.39795 being low. For ABUS, this leads to a yearly average estimate of -$0.388.
