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Arbutus Biopharma Corporation Stock Is Just A Nice Idea

Jefferies raised the price target for the Arbutus Biopharma Corporation (NASDAQ:ABUS) stock to “a Hold”. The rating was released on February 25, 2021. The research report from JMP Securities has resumed the stock to Mkt Outperform, with a price target set at $8.


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The latest trade, Performances and Moving Averages give us the following Picture

The share price of Arbutus Biopharma Corporation (NASDAQ:ABUS) raised 16.08% to close Tuesday’s market session at $3.32, higher as compared to yesterday’s close. The stock price fluctuated between $2.78 and $3.35 throughout the trading session with the volume trading being 4565475 shares, which represented a significant variation when compared to the three months average volume of 1.59 million shares. The firm’s stock price fluctuated 5.73% within the last five trades and 22.51% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -24.72% in the last 6 months and 18.15% was added to its value over the previous 3 months. ABUS stock is trading at a margin of 15.38%, 10.41% and -3.11% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

As of the close of trading, ABUS deals in the Healthcare domain. The stock is trading -43.44 percent below its 52-week high and 43.72 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -14.31. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does Arbutus Biopharma Corporation’s Profitability and Valuation Ratios Tell Us About the Stock?

The stock’s market cap achieved a total value of $326.06 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 38.82 that mirrors the cost to be found for sales by the market.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 19.15 percent of Arbutus Biopharma Corporation shares are owned by insiders, and 32.70 percent are held by financial institutions. McElhaugh Michael J., the Chief Business Officer at Arbutus Biopharma Corporation (ABUS) has sold 20,000 shares of firm on Feb 09 at a price of $5.00 against the total amount of $100000.0. In another inside trade, McElhaugh Michael J., Chief Business Officer of Arbutus Biopharma Corporation (NASDAQ:ABUS) sold 40,000 shares of the firm on Dec 14 for a total worth of $0.2 million at a price of $5.00.

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Peggy Goldman
Peggy Goldman, CFA, is an independent monetary author and speculator. I have worked for both sell-side and purchase side firms (values and fixed salary), with the biggest level of my working time spent in drug tech. Now I am presently viably in a “working retirement”.
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