In the last trading session, 1.6 million shares of the Absci Corp (NASDAQ:ABSI) were traded, and its beta was 2.38. Most recently the company’s share price was $4.51, and it changed around -$0.26 or -5.45% from the last close, which brings the market valuation of the company to $508.64M. ABSI currently trades at a discount to its 52-week high of $6.72, offering almost -49.0% off that amount. The share price’s 52-week low was $1.11, which indicates that the current value has risen by an impressive 75.39% since then. We note from Absci Corp’s average daily trading volume that its 3-month average coming to 1.55 million.

Absci Corp (NASDAQ:ABSI) trade information

Instantly ABSI has showed a red trend with a performance of -5.45% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently up 7.38% year-to-date, but still down -16.94% over the last five days. On the other hand, Absci Corp (NASDAQ:ABSI) is -14.58% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $6, which translates to bulls needing to increase their stock price by 24.83% from its current value. Analyst projections state that ABSI is forecast to be at a low of $6 and a high of $6.

Absci Corp (ABSI) estimates and forecasts

Absci Corp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 236.57 percent over the past six months and at a 25.49% annual growth rate that is well above the industry average of 13.30%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -46.78%. Absci Corp earnings are expected to increase by 29.72% in 2024, but the outlook is positive 23.30% per year for the next five years.

ABSI Dividends

Absci Corp’s next quarterly earnings report is expected to be released in May.