In last trading session, Absci Corp (NASDAQ:ABSI) saw 1.04 million shares changing hands with its beta currently measuring 2.38. Company’s recent per share price level of $5.19 trading at $0.45 or 9.49% at ring of the bell on the day assigns it a market valuation of $586.89M. That closing price of ABSI’s stock is at a discount of -29.48% from its 52-week high price of $6.72 and is indicating a premium of 78.61% from its 52-week low price of $1.11. Taking a look at company’s average trading volume volume of 1.51 million if we extend that period to 3-months.

Absci Corp (NASDAQ:ABSI) trade information

Upright in the green during last session for gaining 9.49%, in the last five days ABSI remained trading in the green while hitting it’s week-highest on Wednesday, 05/01/24 when the stock touched $5.19 price level, adding 3.35% to its value on the day. Absci Corp’s shares saw a change of 23.57% in year-to-date performance and have moved 14.57% in past 5-day. Absci Corp (NASDAQ:ABSI) showed a performance of 0.97% in past 30-days.

Absci Corp (ABSI) estimates and forecasts

Statistics highlight that Absci Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company added 332.50% of value to its shares in past 6 months, showing an annual growth rate of 25.49% while that of industry is 12.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -46.78% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 29.72% while estimates for its earnings growth in next 5 years are of 23.30%.

ABSI Dividends

Absci Corp is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.