The closing price of Abits Group Inc (NASDAQ: ABTS) was $0.71 for the day, down -8.33% from the previous closing price of $0.78. In other words, the price has decreased by -$0.0610 from its previous closing price. On the day, 1287365 shares were traded. ABTS stock price reached its highest trading level at $0.7450 during the session, while it also had its lowest trading level at $0.6410.
Ratios:
Our analysis of ABTS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.28 and its Current Ratio is at 9.28. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABTS now has a Market Capitalization of 25.42M and an Enterprise Value of 25.78M. Its current Enterprise Value per Revenue stands at 196.35 whereas that against EBITDA is -1.10.
Stock Price History:
Over the past 52 weeks, ABTS has reached a high of $1.80, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is 0.9491, while the 200-Day Moving Average is calculated to be 0.9963.
Shares Statistics:
ABTS traded an average of 115.95K shares per day over the past three months and 348.39k shares per day over the past ten days. A total of 35.55M shares are outstanding, with a floating share count of 29.62M. Insiders hold about 16.68% of the company’s shares, while institutions hold 0.20% stake in the company. Shares short for ABTS as of Feb 29, 2024 were 282.07k with a Short Ratio of 2.43, compared to 276.49k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.79% and a Short% of Float of 0.79%.
