Absci Corp (NASDAQ:ABSI) price on current trading day, fall -2.64% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $2.77.
A look at the stock’s price movement, the level at last check in today’s session was $2.84, moving within a range at $2.71 and $2.8. The beta value (5-Year monthly) was 2.069. Turning to its 52-week performance, $6.33 and $2.01 were the 52-week high and 52-week low respectively. Overall, ABSI moved -4.98% over the past month.
Absci Corp’s market cap currently stands at around $352.70 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-12.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 3 recommend ABSI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ABSI’s current price about -1.52% and -2.86% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 45.22, while 7-day volatility ratio is 3.25% and 2.88% in the 30-day chart. Further, Absci Corp (ABSI) has a beta value of 2.08, and an average true range (ATR) of 0.20. Analysts have given the company’s stock an average 52-week price target of $6, forecast between a low of $6 and high of $6. Looking at the price targets, the low is -116.61% off recent price level in today’s trading while to achieve the yearly target high, it has to move -116.61%. Nonetheless, investors will most likely welcome a -116.61% jump to $6 which is the analysts’ median price.
If we refocus on Absci Corp (NASDAQ:ABSI), historical trading data shows that trading volumes averaged 2.64 over the past 10 days and 3.03 million over the past 3 months. The company’s latest data on shares outstanding shows there are 127.54 million shares.
The 12.61% of Absci Corp’s shares are in the hands of company insiders while institutional holders own 66.39% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 24.53 million on 2025-05-30, giving us a short ratio of 8.63. The data shows that as of 2025-05-30 short interest in Absci Corp (ABSI) stood at 2334.0 of shares outstanding, with shares short rising to 22.05 million registered in 2025-04-30. Current price change has pushed the stock 5.53% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ABSI stock continues to rise going into the next quarter.
