Abeona Therapeutics Inc (NASDAQ:ABEO) is in a nice uptrend on Tuesday and now trading at session’s high. After breaking the1.45 area there may be some clear sailing ahead. 1.75 may be the next stop.
As of 12:06, ABEO stock surged 12.13 to $1.525. The stock has seen a total volume of 1.05 million shares. The stock opened at $1.35 and moved in a range of $1.3500 – 1.5400.
ABEO Issues Q1 Earnings
Abeona Therapeutics Reports First Quarter Financial Results
- Cash, cash equivalents and short-term investments totaled $86.8 million as of March 31, 2021, compared to $95.0 million as of December 31, 2020.
- Net loss was $16.0 million for the first quarter of 2021, compared to net loss of $48.2 million for the comparable period in 2020.
- Research and development (R&D) expenses were $7.2 million for the first quarter of 2021, compared to $6.8 million in the comparable period in 2020.
|SHARES OUTSTANDING||99.04 M|
|SHARE FLOAT (%)||85.99 M (86.83%)|
|% HELD BY INSTITUTIONS||35.53|
Recent Stock Performance
|+/- EMA(20)||1.53 (+0.00%)|
|+/- SMA(50)||1.75 (-12.57%)|
|+/- SMA(200)||1.85 (-17.30%)|
|CCI20||-83.5681||Sell||Chaikin Money Flow||-0.0920||Sell|
|MACD||-0.1536||Sell||Money Flow Index||46.3565||Sell|
|STOCH (14,3)||12.8205||OverSold||STOCH RSI||0.5851||Buy|