In last trading session, Absci Corp (NASDAQ:ABSI) saw 10.44 million shares changing hands with its beta currently measuring 2.13. Company’s recent per share price level of $2.91 trading at -$0.05 or -1.69% at ring of the bell on the day assigns it a market valuation of $371.16M. That closing price of ABSI’s stock is at a discount of -117.53% from its 52-week high price of $6.33 and is indicating a premium of 30.93% from its 52-week low price of $2.01. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.32 million shares which gives us an average trading volume of 3.69 million if we extend that period to 3-months.
For Absci Corp (ABSI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Absci Corp (NASDAQ:ABSI) trade information
Upright in the red during last session for losing -1.69%, in the last five days ABSI remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $2.91 price level, adding 20.27% to its value on the day. Absci Corp’s shares saw a change of 11.07% in year-to-date performance and have moved 9.40% in past 5-day. Absci Corp (NASDAQ:ABSI) showed a performance of -5.83% in past 30-days. Number of shares sold short was 22.05 million shares which calculate 7.28 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 51.5% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -106.19% in reaching the projected high whereas dropping to the targeted low would mean a loss of -106.19% for stock’s current value.
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 -29.30% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 14.36% while estimates for its earnings growth in next 5 years are of 18.44%.
Absci Corp (NASDAQ:ABSI)’s Major holders
Insiders are in possession of 15.20% of company’s total shares while institution are holding 66.15 percent of that, with stock having share float percentage of 78.01%. Investors also watch the number of corporate investors in a company very closely, which is 66.15% institutions for Absci Corp that are currently holding shares of the company. FMR LLC is the top institutional holder at ABSI for having 12.58 million shares of worth $38.75 million. And as of 2024-06-30, it was holding 11.1398 of the company’s outstanding shares.
The second largest institutional holder is REDMILE GROUP, LLC, which was holding about 8.25 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.3081 of outstanding shares, having a total worth of $25.42 million.
On the other hand, ARK ETF Trust-ARK Genomic Revolution ETF and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund are the top two Mutual Funds which own company’s shares. As of Apr 30, 2025 , the former fund manager was holding 9.76 shares of worth $28.39 million or 7.65% of the total outstanding shares. The later fund manager was in possession of 5.42 shares on Mar 31, 2025 , making its stake of worth around $15.76 million in the company or a holder of 4.25% of company’s stock.
