ABCL
Price
$2.69
Change
-$0.07 (-2.55%)
Updated
Sep 16, 02:57 PM (EDT)
50 days until earnings call
ERAS
Price
$2.92
Change
-$0.06 (-2.02%)
Updated
Sep 16, 09:53 AM (EDT)
51 days until earnings call
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ABCL vs ERAS

Header iconABCL vs ERAS Comparison
Open Charts ABCL vs ERASBanner chart's image
AbCellera Biologics
Price$2.69
Change-$0.07 (-2.55%)
Volume$21.29K
CapitalizationN/A
Erasca
Price$2.92
Change-$0.06 (-2.02%)
Volume$1.7K
CapitalizationN/A
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ABCL vs ERAS Comparison Chart
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ABCL
Daily Signalchanged days ago
Gain/Loss if shorted
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ERAS
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
ABCL vs. ERAS commentary
Sep 16, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ABCL is a Hold and ERAS is a Hold.

COMPARISON
Comparison
Sep 16, 2024
Stock price -- (ABCL: $2.75 vs. ERAS: $2.97)
Brand notoriety: ABCL and ERAS are both not notable
Both companies represent the Biotechnology industry
Current volume relative to the 65-day Moving Average: ABCL: 138% vs. ERAS: 82%
Market capitalization -- ABCL: $810.33M vs. ERAS: $839.04M
ABCL [@Biotechnology] is valued at $810.33M. ERAS’s [@Biotechnology] market capitalization is $839.04M. The market cap for tickers in the [@Biotechnology] industry ranges from $606.91B to $0. The average market capitalization across the [@Biotechnology] industry is $3.05B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ABCL’s FA Score shows that 0 FA rating(s) are green whileERAS’s FA Score has 1 green FA rating(s).

  • ABCL’s FA Score: 0 green, 5 red.
  • ERAS’s FA Score: 1 green, 4 red.
According to our system of comparison, ERAS is a better buy in the long-term than ABCL.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ABCL’s TA Score shows that 3 TA indicator(s) are bullish while ERAS’s TA Score has 6 bullish TA indicator(s).

  • ABCL’s TA Score: 3 bullish, 3 bearish.
  • ERAS’s TA Score: 6 bullish, 3 bearish.
According to our system of comparison, ERAS is a better buy in the short-term than ABCL.

Price Growth

ABCL (@Biotechnology) experienced а +15.06% price change this week, while ERAS (@Biotechnology) price change was +3.85% for the same time period.

The average weekly price growth across all stocks in the @Biotechnology industry was +2.13%. For the same industry, the average monthly price growth was +4.29%, and the average quarterly price growth was -1.85%.

Reported Earning Dates

ABCL is expected to report earnings on Nov 05, 2024.

ERAS is expected to report earnings on Nov 06, 2024.

Industries' Descriptions

@Biotechnology (+2.13% weekly)

Biotechnology involves genetic or protein engineering to produce medicines/therapies for treating and preventing ailments. The industry also provides crucial ingredients for diagnostics. This multi-billion-dollar industry is heavily focused on research and development, as companies attempt to continually come up with cutting-edge solutions for health. New discoveries for the treatment of diseases provide opportunities for growth for a company in this industry. Discoveries, however, must pass the regulatory approval from the U.S. Food and Drug Administration (FDA) before they can make it to markets. Amgen Inc., Gilead Sciences, Inc. and Celgene Corporation are examples of companies in this industry.

SUMMARIES
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FUNDAMENTALS
Fundamentals
ERAS($839M) and ABCL($810M) have the same market capitalization . ERAS YTD gains are higher at: 39.437 vs. ABCL (-51.839). ERAS has higher annual earnings (EBITDA): -148.65M vs. ABCL (-195.18M). ABCL has more cash in the bank: 670M vs. ERAS (408M). ERAS has less debt than ABCL: ERAS (54M) vs ABCL (72.1M). ABCL has higher revenues than ERAS: ABCL (33.1M) vs ERAS (0).
ABCLERASABCL / ERAS
Capitalization810M839M97%
EBITDA-195.18M-148.65M131%
Gain YTD-51.83939.437-131%
P/E RatioN/AN/A-
Revenue33.1M0-
Total Cash670M408M164%
Total Debt72.1M54M134%
TECHNICAL ANALYSIS
Technical Analysis
ABCLERAS
RSI
ODDS (%)
N/A
N/A
Stochastic
ODDS (%)
Bearish Trend 4 days ago
89%
Bearish Trend 4 days ago
89%
Momentum
ODDS (%)
Bullish Trend 4 days ago
80%
Bullish Trend 4 days ago
78%
MACD
ODDS (%)
Bullish Trend 4 days ago
83%
Bullish Trend 4 days ago
85%
TrendWeek
ODDS (%)
Bullish Trend 4 days ago
76%
Bullish Trend 4 days ago
80%
TrendMonth
ODDS (%)
Bullish Trend 4 days ago
71%
Bullish Trend 4 days ago
78%
Advances
ODDS (%)
Bullish Trend 6 days ago
74%
Bullish Trend 12 days ago
78%
Declines
ODDS (%)
Bearish Trend 11 days ago
87%
Bearish Trend 4 days ago
86%
BollingerBands
ODDS (%)
N/A
Bearish Trend 4 days ago
90%
Aroon
ODDS (%)
Bearish Trend 4 days ago
90%
Bullish Trend 4 days ago
76%
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ABCL
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
ERAS
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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ABCL and

Correlation & Price change

A.I.dvisor indicates that over the last year, ABCL has been loosely correlated with DNA. These tickers have moved in lockstep 59% of the time. This A.I.-generated data suggests there is some statistical probability that if ABCL jumps, then DNA could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ABCL
1D Price
Change %
ABCL100%
+2.61%
DNA - ABCL
59%
Loosely correlated
+0.80%
PRME - ABCL
58%
Loosely correlated
+0.99%
NTLA - ABCL
57%
Loosely correlated
+6.77%
VCYT - ABCL
56%
Loosely correlated
+8.22%
ADPT - ABCL
55%
Loosely correlated
+7.21%
More