Abacus Global Management Inc (ABL) concluded trading on Wednesday at a closing price of $6.00, with 8.89 million shares of worth about $53.37 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -26.65% during that period and on June 04, 2025 the price saw a loss of about -21.47%. Currently the company’s common shares owned by public are about 95.80M shares, out of which, 34.11M shares are available for trading.
Stock saw a price change of -23.66% in past 5 days and over the past one month there was a price change of -27.36%. Year-to-date (YTD), ABL shares are showing a performance of -23.37% which decreased to -47.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.34 but also hit the highest price of $12.39 during that period. The average intraday trading volume for Abacus Global Management Inc shares is 408.12K. The stock is currently trading -27.22% below its 20-day simple moving average (SMA20), while that difference is down -24.70% for SMA50 and it goes to -28.63% lower than SMA200.
Abacus Global Management Inc (NASDAQ: ABL) currently have 95.80M outstanding shares and institutions hold larger chunk of about 28.82% of that.
The stock has a current market capitalization of $573.70M and its 3Y-monthly beta is at 0.11. It has posted earnings per share of -$0.23 in the same period. It has Quick Ratio of 0.47 while making debt-to-equity ratio of 0.83. 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 11.96% while standing at 5.69% over the month.
Stock’s fiscal year EPS is expected to rise by 15.99% while it is estimated to increase by 25.83% in next year. EPS is likely to grow at an annualized rate of 21.44% for next 5-years, compared to annual growth of -7.85% made by the stock over the past 5-years.
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 Maxim Group on April 29, 2025 offering a Buy rating for the stock and assigned a target price of $14 to it. Coverage by Northland Capital stated Abacus Global Management Inc (ABL) stock as an Outperform in their note to investors on October 24, 2024, suggesting a price target of $13.50 for the stock. On August 07, 2024, TD Cowen Initiated their recommendations, while on June 26, 2024, Piper Sandler Initiated their ratings for the stock with a price target of $12. Stock get a Buy rating from B. Riley Securities on May 31, 2024.
