In a filing, Absci Corp revealed its Chief Innovation Officer Busch Andreas acquired Company’s shares for reported $0.15 million on Jul 28 ’25. In the deal valued at $3.04 per share,50,000 shares were bought. As a result of this transaction, Busch Andreas now holds 327,264 shares worth roughly $0.97 million.
A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in late January with a ‘”a Buy”‘ rating. Guggenheim began covering ABSI with “Buy” recommendation on October 02, 2024. Morgan Stanley started covering the stock on July 03, 2024. It rated ABSI as “an Overweight”.
Price Performance Review of ABSI
On Tuesday, Absci Corp [NASDAQ:ABSI] saw its stock fall -0.67% to $2.95. Over the last five days, the stock has lost -18.73%. Absci Corp shares have fallen nearly -32.65% since the year began. Nevertheless, the stocks have risen 12.60% over the past one year. While a 52-week high of $6.33 was reached on 02/18/25, a 52-week low of $2.01 was recorded on 04/04/25.
Levels Of Support And Resistance For ABSI Stock
The 24-hour chart illustrates a support level at 2.81, which if violated will result in even more drops to 2.68. On the upside, there is a resistance level at 3.14. A further resistance level may holdings at 3.34.
How much short interest is there in Absci Corp?
A steep rise in short interest was recorded in Absci Corp stocks on 2025-07-15, growing by 4.97 million shares to a total of 31.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 26.1 million shares. There was a rise of 15.99%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 14, 2024 when Scotiabank began covering the stock and recommended ‘”a Sector outperform”‘ rating along with a $13 price target.
