Abacus Life Inc (ABL) concluded trading on Wednesday at a closing price of $8.08, with 0.49 million shares of worth about $3.95 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.60% during that period and on November 27, 2024 the price saw a gain of about 3.32%. Currently the company’s common shares owned by public are about 63.24M shares, out of which, 12.76M shares are available for trading.
Stock saw a price change of -8.80% in past 5 days and over the past one month there was a price change of -6.37%. Year-to-date (YTD), ABL shares are showing a performance of -16.36% which increased to 13.80% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.56 but also hit the highest price of $13.25 during that period. The average intraday trading volume for Abacus Life Inc shares is 146.66K. The stock is currently trading -4.26% below its 20-day simple moving average (SMA20), while that difference is down -11.92% for SMA50 and it goes to -22.37% lower than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Abacus Life Inc (NASDAQ: ABL) currently have 63.24M outstanding shares and institutions hold larger chunk of about 17.86% of that.
The stock has a current market capitalization of $684.21M and its 3Y-monthly beta is at 0.11. It has posted earnings per share of -$0.18 in the same period. It has a debt-to-equity ratio of 0.71. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ABL, volatility over the week remained 5.08% while standing at 5.37% over the month.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on October 24, 2024 offering an Outperform rating for the stock and assigned a target price of $13.50 to it. Coverage by TD Cowen stated Abacus Life Inc (ABL) stock as a Buy in their note to investors on August 07, 2024, suggesting a price target of $14 for the stock. On June 26, 2024, Piper Sandler Initiated their recommendations, while on May 31, 2024, B. Riley Securities Initiated their ratings for the stock with a price target of $16.
