The Question Is Whether To Buy Or Not To Buy Abacus Life Inc (NASDAQ: ABL)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Abacus Life Inc is listed on the NASDAQ as a member of the Financial sector and is a part of the Insurance – Life industry. The current market capitalization of Abacus Life Inc is $720.00M. A total of 0.15 million shares were traded on the day, compared to an average of 221.98K shares.

In the most recent transaction, McNealy Sean sold 75,800 shares of ABL for 8.00 per share on Dec 20 ’24. After the transaction, the Co-Founder and President now owns 12,361,500 company shares. In a previous transaction on Dec 20 ’24, Ganovsky Matthew sold 75,800 shares at 8.00 per share. ABL shares that Co-Founder and President owns now total 10,014,154.

Among the insiders who sold shares, Kirby Kevin Scott disposed of 75,800 shares on Dec 20 ’24 at a per-share price of $8.00. This resulted in the Co-Founder and President holding 12,361,200 shares of ABL after the transaction. In another insider transaction, Jackson Jay J sold 75,800 shares at $8.00 per share on Dec 20 ’24. Company shares held by the Chief Executive Officer now total 10,486,200.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, ABL has a high of $13.25 and a low of $6.75.

As of this writing, ABL has an earnings estimate of $0.14 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.15 per share and a lower estimate of $0.12.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ABL’s latest balance sheet shows that the firm has $2.60M in Cash & Short Term Investments as of fiscal 2021. There were $367.51k in debt and $2.34M in liabilities at the time. Its Book Value Per Share was $3.45, while its Total Shareholder’s Equity was $2.72M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ABL is Buy with a score of 5.00.

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