AbCellera Biologics ABCL
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
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About
AbCellera Biologics (ABCL) Business Model and Operations Summary
AbCellera Biologics Inc. specializes in pioneering an advanced platform for the discovery of antibodies. This comprehensive, AI-driven system meticulously explores and analyzes natural immune systems to identify antibodies suitable for the creation of new pharmaceutical drugs. As of December 31, 2021, the company had cultivated 156 discovery programs, ranging from completed to in-progress or under contract, in partnership with 36 entities. Notably, AbCellera maintains a crucial research collaboration and license agreement with Eli Lilly and Company. Founded in 2012, the firm is headquartered in Vancouver, Canada.
Key Insights
AbCellera Biologics (ABCL) Stock Information & Key Business Metrics
Market Cap
$1.62 BillionAverage Daily Volume
8,641,055 Shares52-Week Range
$2.52-$6.79Free Cash Flow
-$189.23 MillionTotal Outstanding Shares
305.38 Million SharesFree Float
208.73 Million Shares (69.7% Outstanding)CEO
Carl HansenTotal Employees
562Current Dividend
No dividendIPO Date
December 11, 2020Headquarters
150 W 4th Avenue, Vancouver, A1, V5Y 1G6