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Absci (ABSI) News Today

$4.27
+0.06 (+1.43%)
(As of 05/28/2024 ET)
Phoenix Venture Partners Ii Lp Sells 3,100,000 Shares of Absci Co. (NASDAQ:ABSI) Stock
Absci Co. (NASDAQ:ABSI - Get Free Report) major shareholder Phoenix Venture Partners Ii Lp sold 3,100,000 shares of the company's stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $4.40, for a total value of $13,640,000.00. Following the completion of the transaction, the insider now owns 11,279,522 shares of the company's stock, valued at $49,629,896.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.
Absci (NASDAQ:ABSI) Trading Up 2.8%
Absci (NASDAQ:ABSI) Shares Up 2.8%
HC Wainwright Weighs in on Absci Co.'s Q2 2024 Earnings (NASDAQ:ABSI)
Absci Co. (NASDAQ:ABSI - Free Report) - Analysts at HC Wainwright decreased their Q2 2024 earnings per share estimates for Absci in a research report issued on Wednesday, May 15th. HC Wainwright analyst S. Ramakanth now expects that the company will post earnings of ($0.17) per share for the quar
Absci (NASDAQ:ABSI) Releases Earnings Results, Misses Expectations By $0.03 EPS
Absci (NASDAQ:ABSI - Get Free Report) released its earnings results on Monday. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.19) by ($0.03). Absci had a negative return on equity of 44.52% and a negative net margin of 1,933.65%. The company had revenue of $0.90 million during the quarter, compared to analysts' expectations of $2.50 million. During the same quarter in the previous year, the company earned ($0.26) EPS.
Absci (NASDAQ:ABSI) Earns Buy Rating from HC Wainwright
HC Wainwright reaffirmed a "buy" rating and set a $7.00 target price on shares of Absci in a research report on Wednesday.
Absci (NASDAQ:ABSI) Shares Gap Down to $5.06
Absci (NASDAQ:ABSI) Shares Gap Down to $5.06
Absci (NASDAQ:ABSI) Shares Up 8%
Absci (NASDAQ:ABSI) Shares Up 8%
Absci (NASDAQ:ABSI) Shares Up 9.3%
Absci (NASDAQ:ABSI) Stock Price Up 9.3%
Absci Corporation (ABSI)
Absci (NASDAQ:ABSI) Reaches New 1-Year High at $6.52
Absci (NASDAQ:ABSI) Sets New 52-Week High at $6.52
Absci (NASDAQ:ABSI) Stock Price Down 4%
Absci (NASDAQ:ABSI) Stock Price Down 4%
Absci (NASDAQ:ABSI) Trading 5.6% Higher
Absci (NASDAQ:ABSI) Trading Up 5.6%
Absci (NASDAQ:ABSI) Shares Gap Down to $5.61
Absci (NASDAQ:ABSI) Shares Gap Down to $5.61
Absci (NASDAQ:ABSI) Trading Up 5.6%
Absci (NASDAQ:ABSI) Stock Price Up 5.6%
Absci (NASDAQ:ABSI) Receives "Buy" Rating from Truist Financial
Truist Financial reiterated a "buy" rating and issued a $9.00 price objective on shares of Absci in a research report on Tuesday.
Absci's (ABSI) Outperform Rating Reiterated at Scotiabank
Scotiabank restated an "outperform" rating and set a $13.00 target price on shares of Absci in a research report on Monday.
Absci (NASDAQ:ABSI) Given Buy Rating at HC Wainwright
HC Wainwright restated a "buy" rating and set a $7.00 price objective on shares of Absci in a research report on Friday.
Absci (NASDAQ:ABSI) Issues Earnings Results
Absci (NASDAQ:ABSI - Get Free Report) released its quarterly earnings data on Thursday. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.23) by ($0.02). Absci had a negative net margin of 1,535.13% and a negative return on equity of 38.14%. The business had revenue of $0.34 million during the quarter, compared to analysts' expectations of $1.75 million.
Absci: Q4 Earnings Insights
Absci (NASDAQ:ABSI) Trading Up 8.6%
Absci (NASDAQ:ABSI) Trading 8.6% Higher
Absci (NASDAQ:ABSI) Earns Sector Outperform Rating from Analysts at Scotiabank
Scotiabank began coverage on shares of Absci in a report on Thursday. They issued a "sector outperform" rating and a $13.00 target price for the company.
ABSI Apr 2024 6.000 call
Absci (NASDAQ:ABSI) Trading Up 9.2%
Absci (NASDAQ:ABSI) Stock Price Up 9.2%
Absci (NASDAQ:ABSI) Stock Rating Reaffirmed by Truist Financial
Truist Financial reaffirmed a "buy" rating and issued a $9.00 price target on shares of Absci in a research note on Wednesday.
Absci (NASDAQ:ABSI) Shares Gap Up After Analyst Upgrade
Absci (NASDAQ:ABSI) Shares Gap Up Following Analyst Upgrade
Absci (NASDAQ:ABSI) Price Target Increased to $8.00 by Analysts at KeyCorp
KeyCorp lifted their target price on Absci from $5.00 to $8.00 and gave the company an "overweight" rating in a report on Monday.
Absci (NASDAQ:ABSI) Hits New 12-Month High at $5.53
Absci (NASDAQ:ABSI) Sets New 1-Year High at $5.53
TD Cowen Keeps Their Buy Rating on AbSci (ABSI)
Why Absci (ABSI) Shares Are Falling
Absci Announces Pricing of Public Offering of Common Stock
Absci Announces Proposed Public Offering of Common Stock
CNC Mar 2024 86.000 call
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ABSI Media Mentions By Week

ABSI Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

ABSI
News Sentiment

1.09

0.87

Average
Medical
News Sentiment

ABSI News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

ABSI Articles
This Week

5

2

ABSI Articles
Average Week

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This page (NASDAQ:ABSI) was last updated on 5/28/2024 by MarketBeat.com Staff

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