Absci Collaborates with Global Cancer Center to Discover Novel Therapeutics Using Generative AI

ABSI Stock  USD 4.32  0.01  0.23%   
Under 51% of Absci Corp's traders are presently thinking to get in. The analysis of the overall investor sentiment regarding Absci Corp suggests that some traders are interested. Absci Corp's investing sentiment shows overall attitude of investors towards Absci Corp.
  
The collaboration unites Abscis Generative AI Drug Creation Platform with leading oncology experts to co-develop up to six novel cancer therapeuticsVANCOUVER, Wash. and NEW YORK, Aug. 12, 2024 -- Today, Absci Corporation , a data-first generative AI drug creation company, announced a collaboration with Memorial Sloan Kettering Cancer Center , a leading cancer treatment and research center, to discover and develop novel therapeutics using generative AI for up

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Absci Corp Investor Sentiment by Other News Outlets

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Absci Corp Fundamental Analysis

We analyze Absci Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Absci Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Absci Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Cash Flow From Operations

Cash Flow From Operations Comparative Analysis

Absci Corp is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

Absci Corp Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Absci Corp stock to make a market-neutral strategy. Peer analysis of Absci Corp could also be used in its relative valuation, which is a method of valuing Absci Corp by comparing valuation metrics with similar companies.

Peers

Absci Corp Related Equities

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DTILPrecision BioSciences   1.48   
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XFORX4 Pharmaceuticals   1.43   
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CRBUCaribou Biosciences   0.48   
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INZYInozyme Pharma   0.87   
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ELEVElevation Oncology   1.67   
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RXRXRecursion Pharmaceuticals   2.02   
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EXAIExscientia   3.08   
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ABOSAcumen Pharmaceuticals   3.10   
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RLAYRelay Therapeutics   4.58   
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AFMDAffimed NV   6.82   
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SANASana Biotechnology   8.01   
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