ABX icon

Abacus Global Management (ABX)

NYSE

$8.09

$0.34 (

+4.32%

)

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ABX: $8.09 / ₿ 0.0001 BTC / 12089 Sats

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Key statistics

$7.76
$4.60 - $10.54
$781.03M
4.34
$7.64
$594,804.19
96.54M
22.47
$5.25 - $8.09
2.47
$7.55 - $8.12
Yes

What is Abacus Global Management (ABX)?

Abacus Global Management Inc is a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. The company operates through four distinct yet complementary divisions: Abacus Life Solutions, Abacus Asset Group, Abacus Intel, and Abacus Wealth Advisors. It operates through three reportable segments, Asset management, Life solutions, and Technology services. It derives the majority revenue from Life solutions segment that generates revenues by buying, selling, and trading policies, and maintaining policies until receipt of death benefits. It also generates revenue by originating life insurance policy settlements between investors or buyers, and the sellers, who is often the original policy owner.

The Abacus Global Management (ABX) stock price has been rising

The Abacus Global Management, Inc. (ABX) stock price today is $8.09, reflecting a +4.32% move since the market opened. The company’s market capitalization stands at $781.03M, with a daily trading volume of $594.80K shares. For investors tracking price trends, Abacus Global Management, Inc. stock has ranged between $7.55 and $8.12 today. The previous closing price was $7.76.

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ABX FAQs

ABX is in the Financial Services sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

ABX is in the Insurance - Life industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, Abacus Global Management, Inc. (ABX) has traded between a low of $4.60 and a high of $10.54.

ABX is in the Insurance industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

ABX’s payout ratio is 0.56. Payout ratio is a financial metric used to measure the proportion of a company's earnings that are paid out as dividends to shareholders.

ABX’s trailing dividend yield is 2.4699999999999998. Trailing dividend yield is a financial metric used to measure the return on investment from a company's dividend payments over the past 12 months.

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