Abacus Life (NASDAQ:ABL) Shares Gap Down to $11.90

Abacus Life, Inc. (NASDAQ:ABL)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $11.90, but opened at $11.50. Abacus Life shares last traded at $11.55, with a volume of 12,020 shares.

Abacus Life Stock Down 2.0 %

The business has a fifty day simple moving average of $11.97 and a 200 day simple moving average of $9.66. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.77.

Abacus Life (NASDAQ:ABL) last posted its quarterly earnings data on Thursday, March 21st. The company reported ($0.10) EPS for the quarter. The company had revenue of $23.65 million during the quarter.

Hedge Funds Weigh In On Abacus Life

Hedge funds and other institutional investors have recently modified their holdings of the business. Barclays PLC purchased a new position in Abacus Life in the 3rd quarter worth approximately $47,000. Inscription Capital LLC purchased a new position in Abacus Life during the first quarter worth approximately $137,000. Northern Trust Corp purchased a new position in Abacus Life during the fourth quarter worth approximately $130,000. Finally, Quarry LP acquired a new position in Abacus Life during the fourth quarter worth $463,000.

Abacus Life Company Profile

Abacus Life, Inc operates as an alternative asset manager specializing in life insurance products. It purchases life insurance policies from consumers seeking liquidity and manages policies over time via trading, holding, and/or servicing. The company was founded in 2004 and is based in Orlando, Florida.