Arbutus Biopharma Corp (ABUS) concluded trading on Wednesday at a closing price of $3.47, with 0.48 million shares of worth about $1.68 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.52% during that period and on November 27, 2024 the price saw a gain of about 1.76%. Currently the company’s common shares owned by public are about 169.87M shares, out of which, 147.22M shares are available for trading.
Stock saw a price change of 0.87% in past 5 days and over the past one month there was a price change of -14.11%. Year-to-date (YTD), ABUS shares are showing a performance of 38.80% which increased to 87.57% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.79 but also hit the highest price of $4.72 during that period. The average intraday trading volume for Arbutus Biopharma Corp shares is 1.15 million. The stock is currently trading -4.99% below its 20-day simple moving average (SMA20), while that difference is down -9.55% for SMA50 and it goes to 2.23% higher than SMA200.
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Arbutus Biopharma Corp (NASDAQ: ABUS) currently have 169.87M outstanding shares and institutions hold larger chunk of about 53.46% of that.
The stock has a current market capitalization of $657.54M and its 3Y-monthly beta is at 1.84. It has posted earnings per share of -$0.43 in the same period. It has Quick Ratio of 7.02 while making debt-to-equity ratio of 0.06. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ABUS, volatility over the week remained 3.35% while standing at 4.17% over the month.
Stock’s fiscal year EPS is expected to rise by 11.82% while it is estimated to increase by 11.86% in next year.
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 Jefferies on February 02, 2022 offering a Buy rating for the stock and assigned a target price of $5 to it. Coverage by Jefferies stated Arbutus Biopharma Corp (ABUS) stock as a Hold in their note to investors on February 25, 2021, suggesting a price target of $5 for the stock. On December 17, 2020, H.C. Wainwright Initiated their recommendations, while on July 27, 2020, JMP Securities Resumed their ratings for the stock with a price target of $8. Stock get a Neutral rating from Robert W. Baird on July 24, 2020.
