The stock price of Absci Corp (NASDAQ: ABSI) has jumped by 2.99 compared to previous close of 3.01. Despite this, the company has seen a fall of -3.43% in its stock price over the last five trading days. benzinga.com reported 2025-03-19 that U.S. stock futures were higher this morning, with the Dow futures gaining around 0.2% on Wednesday.
Is It Worth Investing in Absci Corp (NASDAQ: ABSI) Right Now?
Moreover, the 36-month beta value for ABSI is 2.16. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ABSI is 102.95M and currently, short sellers hold a 18.52% of that float. On March 25, 2025, ABSI’s average trading volume was 5.60M shares.
ABSI’s Market Performance
ABSI stock saw a decrease of -3.43% in the past week, with a monthly decline of -37.50% and a quarterly a decrease of 1.97%. The volatility ratio for the week is 6.51%, and the volatility levels for the last 30 days are 8.66% for Absci Corp (ABSI). The simple moving average for the past 20 days is -6.05% for ABSI’s stock, with a -17.29% simple moving average for the past 200 days.
Analysts’ Opinion of ABSI
Many brokerage firms have already submitted their reports for ABSI stocks, with Needham repeating the rating for ABSI by listing it as a “Buy.” The predicted price for ABSI in the upcoming period, according to Needham is $9 based on the research report published on January 22, 2025 of the current year 2025.
Guggenheim, on the other hand, stated in their research note that they expect to see ABSI reach a price target of $10. The rating they have provided for ABSI stocks is “Buy” according to the report published on October 02nd, 2024.
Morgan Stanley gave a rating of “Overweight” to ABSI, setting the target price at $7 in the report published on July 03rd of the previous year.
ABSI Trading at -18.63% from the 50-Day Moving Average
After a stumble in the market that brought ABSI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.87% of loss for the given period.
Volatility was left at 8.66%, however, over the last 30 days, the volatility rate increased by 6.51%, as shares sank -30.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.73% lower at present.
During the last 5 trading sessions, ABSI fell by -3.43%, which changed the moving average for the period of 200-days by -28.74% in comparison to the 20-day moving average, which settled at $3.30. In addition, Absci Corp saw 18.32% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ABSI starting from Jonasson Zachariah, who sale 19,859 shares at the price of $4.98 back on Jun 13 ’24. After this action, Jonasson Zachariah now owns 384,751 shares of Absci Corp, valued at $98,892 using the latest closing price.
Phoenix Venture Partners II LP, the 10% Owner of Absci Corp, sale 3,100,000 shares at $4.40 during a trade that took place back on May 22 ’24, which means that Phoenix Venture Partners II LP is holding 11,279,522 shares at $13,640,000 based on the most recent closing price.
Stock Fundamentals for ABSI
Current profitability levels for the company are sitting at:
- -24.02 for the present operating margin
- -0.5 for the gross margin
The net margin for Absci Corp stands at -22.74. The total capital return value is set at -0.59. Equity return is now at value -58.04, with -46.02 for asset returns.
Based on Absci Corp (ABSI), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at -7.16. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -192.72.
Currently, EBITDA for the company is -89.08 million with net debt to EBITDA at 0.35. When we switch over and look at the enterprise to sales, we see a ratio of 80.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.67.
Conclusion
To wrap up, the performance of Absci Corp (ABSI) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
