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Abacus Life Policy Value Calculator Surpasses Milestone of 150,000 Policy Valuations
Globe Newswire (Wed, 18-Sep 4:15 PM ET)
Corey McLaren Joins Abacus Life (ABL) as Managing Director, Capital Markets
Globe Newswire (Mon, 16-Sep 4:15 PM ET)
Abacus Life and Lorisco Life Announce Launch of PREADISAN to Improve Health Predictions
Globe Newswire (Mon, 19-Aug 8:00 AM ET)
Abacus Life Reports Second Quarter 2024 Results
Globe Newswire (Mon, 12-Aug 7:00 AM ET)
Abacus Life Announces Agreement to Acquire FCF Advisors
Globe Newswire (Wed, 7-Aug 4:05 PM ET)
Abacus Life Provides Preliminary Second Quarter 2024 Results
Globe Newswire (Thu, 18-Jul 4:15 PM ET)
Abacus Life Announces Agreement to Acquire Carlisle Management Company SCA
Globe Newswire (Thu, 18-Jul 4:05 PM ET)
Abacus Life Announces Closing of Public Offering of 11,500,000 Shares of Common Stock
Globe Newswire (Mon, 24-Jun 4:21 PM ET)
Abacus Life Announces Pricing of Public Offering of Common Stock
Globe Newswire (Thu, 20-Jun 9:20 PM ET)
Abacus Life Inc is a vertically integrated alternative asset manager specializing in investing in life insurance products throughout the lifecycle of a life insurance policy.
Abacus Life - Class A trades on the NASDAQ stock market under the symbol ABL.
As of September 18, 2024, ABL stock price climbed to $10.40 with 179,730 million shares trading.
ABL has a beta of 0.43, meaning it tends to be less sensitive to market movements. ABL has a correlation of 0.01 to the broad based SPY ETF.
ABL has a market cap of $776.37 million. This is considered a Small Cap stock.
Last quarter Abacus Life - Class A reported $29 million in Revenue and $.18 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.05.
ABL has outperformed the market in the last year with a price return of +34.7% while the SPY ETF gained +27.8%. However, in the short term, ABL had mixed performance relative to the market. It has underperformed in the last 3 months, returning +1.9% vs +2.9% return in SPY. But in the last 2 weeks, ABL shares have fared better than the market returning +2.3% compared to SPY +1.7%.
ABL support price is $9.50 and resistance is $10.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ABL stock will trade within this expected range on the day.