Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of American Battery Technology Company (NASDAQ: ABAT) closed at $1.02 in the last session, up 3.23% from day before closing price of $0.99. In other words, the price has increased by $3.23 from its previous closing price. On the day, 0.93 million shares were traded.
Ratios:
We take a closer look at ABAT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.75. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on March 27, 2024, initiated with a Outperform rating and assigned the stock a target price of $6.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 19 ’24 when JOLCOVER SCOTT sold 23,125 shares for $0.80 per share. The transaction valued at 18,500 led to the insider holds 219,001 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 98.13 while its Price-to-Book (P/B) ratio in mrq is 1.22.
Stock Price History:
Over the past 52 weeks, ABAT has reached a high of $4.11, while it has fallen to a 52-week low of $0.73. The 50-Day Moving Average of the stock is -6.23%, while the 200-Day Moving Average is calculated to be -12.09%.
Shares Statistics:
A total of 84.39M shares are outstanding, with a floating share count of 81.69M. Insiders hold about 3.50% of the company’s shares, while institutions hold 8.06% stake in the company.
