Shares of Abacus Life, Inc. (NASDAQ:ABL - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $11.90, but opened at $11.50. Abacus Life shares last traded at $11.55, with a volume of 12,020 shares traded.
Abacus Life Stock Up 1.1 %
The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.77. The company's 50 day moving average price is $11.98 and its 200 day moving average price is $9.64.
Abacus Life (NASDAQ:ABL - Get Free Report) last released its earnings results on Thursday, March 21st. The company reported ($0.10) EPS for the quarter. The firm had revenue of $23.65 million for the quarter.
Hedge Funds Weigh In On Abacus Life
Large investors have recently made changes to their positions in the stock. Barclays PLC purchased a new position in shares of Abacus Life in the 3rd quarter valued at about $47,000. Inscription Capital LLC purchased a new position in Abacus Life during the 1st quarter valued at about $137,000. Quarry LP purchased a new position in Abacus Life during the 4th quarter valued at about $463,000. Finally, Northern Trust Corp purchased a new position in Abacus Life during the 4th quarter valued at about $130,000.
Abacus Life Company Profile
(
Get Free Report)
Abacus Life, Inc operates as an alternative asset manager specializing in life insurance products. It purchases life insurance policies from consumers seeking liquidity and manages policies over time via trading, holding, and/or servicing. The company was founded in 2004 and is based in Orlando, Florida.
Read More
Before you consider Abacus Life, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Abacus Life wasn't on the list.
While Abacus Life currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
