Abivax ADR (NASDAQ: ABVX) is 453.23% higher on its value in year-to-date trading and has touched a low of $4.77 and a high of $13.17 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ABVX stock was last observed hovering at around $10.0 in the last trading session, with the day’s gains setting it 58.6%.
Currently trading at $68.6, the stock is 496.96% and 704.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 27.68 million and changing 586.00% at the moment leaves the stock 769.16% off its SMA200. ABVX registered 837.16% gain for a year compared to 6-month loss of 976.92%. The firm has a 50-day simple moving average (SMA 50) of $8.5227 and a 200-day simple moving average (SMA200) of $7.8927.
The stock witnessed a 1022.75% gain in the last 1 month and extending the period to 3 months gives it a 955.38%, and is 594.33% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.87% over the week and 7.16% over the month.
Abivax ADR (ABVX) has around 69 employees, a market worth around $4.35B and $0.00M in sales. Distance from 52-week low is 1338.16% and 420.88% from its 52-week high. The company has generated returns on investments over the last 12 months (-197.95%).
with sales reaching $1.19M over the same period.The EPS is expected to grow by 2.77% this year, but quarterly earnings will post -54.98% year-over-year.
49.0 institutions hold shares in Abivax ADR (ABVX), with institutional investors hold 50.19% of the company’s shares. The shares outstanding are 63.35M, and float is at 55.63M with Short Float at 2.67%. Institutions hold 50.19% of the Float.
The top institutional shareholder in the company is TCG CROSSOVER MANAGEMENT, LLC with over 6.06 million shares valued at $80.07 million. The investor’s holdings represent 14.0635 of the ABVX Shares outstanding. As of 2024-06-30, the second largest holder is DEEP TRACK CAPITAL, LP with 4.18 million shares valued at $55.26 million to account for 9.7055 of the shares outstanding. The other top investors are GREAT POINT PARTNERS LLC which holds 2.47 million shares representing 5.7405 and valued at over $32.68 million, while CORMORANT ASSET MANAGEMENT, LP holds 4.9459 of the shares totaling 2.13 million with a market value of $28.16 million.
