Absci Corp (NASDAQ:ABSI) shares, rose in value, with the stock price up by 2.18% to the previous day’s close as strong demand from buyers drove the stock to $2.81.
Actively observing the price movement in the recent trading, the stock is buoying the session at $2.75, falling within a range of $2.78 and $3.03. The value of beta (5-year monthly) is 2.069. Referring to stock’s 52-week performance, its high was $6.33, and the low was $2.01. On the whole, ABSI has fluctuated by 0.72% over the past month.
With the market capitalization of Absci Corp currently standing at about $358.44 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-13.
The stock’s technical analysis shows that the price of ABSI currently trading nearly 0.14% and -2.65% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.51, while the 7-day volatility ratio is showing 2.71% which for the 30-day chart, stands at 2.87%. Furthermore, Absci Corp (ABSI)’s beta value is 2.07, and its average true range (ATR) is 0.20.
A comparison of Absci Corp (ABSI) with its peers suggests the former has fared considerably weaker in the market. ABSI showed an intraday change of 2.18% in today’s session so far, and over the past year, it shrunk by -17.60%%.
Data on historical trading for Absci Corp (NASDAQ:ABSI) indicates that the trading volumes over the past 10 days have averaged 2.9 and over the past 3 months, they’ve averaged 2.96 million. According to company’s latest data on outstanding shares, there are 127.54 million shares outstanding.
Nearly 12.61% of Absci Corp’s shares belong to company insiders and institutional investors own 66.39% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 24.53 million shares as on 2025-05-30, resulting in a short ratio of 8.63. According to the data, the short interest in Absci Corp (ABSI) stood at 2334.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 22.05 million. The stock has risen by 7.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ABSI stock heading into the next quarter.
