Group One Trading Adds $7M in Absci Corporation ($ABSI)

Key Points

  • Wall Street's consensus rating on $ABSI is Strong Buy and an average price target of $9.11.
  • $ABSI last traded around $6.51.

Group One Trading acquired a new position in Absci Corporation ($ABSI), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,131,988 shares of Absci Corporation. Group One Trading's holdings in Absci Corporation were worth $7.37 million as of its most recent filing.

Absci Corporation ($ABSI) Stock

Last price$6.51
Market cap$1.06B
Forward P/E-10.56
Beta2.46
52-week low$2.24
52-week high$7.39
50-day MA$4.95
200-day MA$3.61
Current ratio6.59
Quick ratio6.28
Debt-to-equity0.03

Absci Corporation Earnings

EPS (ttm)$-0.82
Revenue (ttm)$1.84M
Revenue growth-81.8%
Net margin0.0%
Return on equity-63.9%
Next earningsMay 7, 2026

Analysts Set New Price Targets

ConsensusStrong Buy
Average target$9.11
High target$12.00
Low target$4.10
Analysts covering10

About Absci Corporation

Absci Corporation, a clinical-stage biopharmaceutical company, develops various antibody therapeutics in the United States. Its preclinical development programs include ABS-101, which is in Phase 1 clinical trial for the treatment of inflammatory bowel disease; ABS-201, an anti-prolactin receptor (PRLR) antibody, which is phase 1/2a clinical trial for treating androgenic alopecia; ABS-301 for the treatment of immuno-oncology; and ABS-501 for treating oncology. Absci Corporation has collaboration agreements with PrecisionLife, Memorial Sloan Kettering Cancer Center, Twist Bioscience, Owkin, Oracle Corporation, and Advanced Micro Devices, Inc. for joint research and development activities. The company was founded in 2011 and is headquartered in Vancouver, Washington.

ExchangeNasdaqGS
SectorHealthcare
IndustryBiotechnology
HeadquartersVancouver, WA
CEOMr. Sean McClain
Employees140

See Also

This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.