The stock of Abcam plc (NASDAQ: ABCM) has decreased by -0.43 when compared to last closing price of 16.31. Despite this, the company has experienced a -3.39% fall in its stock price over the last five trading sessions.
Is It Worth Investing in Abcam plc (NASDAQ: ABCM) Right Now?
Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Abcam plc (ABCM) is $16.02, which is $3.68 above the current market price. The public float for ABCM is 214.54M, and currently, short sellers hold a 0.28% ratio of that floaft. The average trading volume of ABCM on May 26, 2023 was 757.71K shares.
ABCM’s Market Performance
The stock of Abcam plc (ABCM) has seen a -3.39% decrease in the past week, with a 1.82% rise in the past month, and a 13.09% gain in the past quarter. The volatility ratio for the week is 4.54%, and the volatility levels for the past 30 days are at 4.44% for ABCM. The simple moving average for the last 20 days is -5.39% for ABCM stock, with a simple moving average of 5.52% for the last 200 days.
ABCM Trading at 5.89% from the 50-Day Moving Average
After a stumble in the market that brought ABCM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.64% of loss for the given period.
Volatility was left at 4.44%, however, over the last 30 days, the volatility rate increased by 4.54%, as shares sank -0.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.61% upper at present.
During the last 5 trading sessions, ABCM fell by -3.69%, which changed the moving average for the period of 200-days by +6.16% in comparison to the 20-day moving average, which settled at $17.16. In addition, Abcam plc saw 4.37% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ABCM
Current profitability levels for the company are sitting at:
- +7.85 for the present operating margin
- +67.49 for the gross margin
The net margin for Abcam plc stands at -2.35. Equity return is now at value -1.20, with -0.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
In a nutshell, Abcam plc (ABCM) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.