Daily Market Movement: American Battery Technology Company (ABAT) Sees a -1.90 Decrease, Closing at 1.55

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

The closing price of American Battery Technology Company (NASDAQ: ABAT) was $1.55 for the day, down -1.90% from the previous closing price of $1.58. In other words, the price has decreased by -$1.90 from its previous closing price. On the day, 3.77 million shares were traded.

Ratios:

Our analysis of ABAT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.17 and its Current Ratio is at 2.19. In the meantime, Its Debt-to-Equity ratio is 0.11 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 30 ’25 when Melsert Ryan Mitchell sold 131,579 shares for $1.71 per share. The transaction valued at 225,000 led to the insider holds 1,774,795 shares of the business.

JOLCOVER SCOTT sold 23,125 shares of ABAT for $18,500 on Nov 19 ’24. The Chief Resource Officer now owns 219,001 shares after completing the transaction at $0.80 per share.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 76.57 while its Price-to-Book (P/B) ratio in mrq is 2.09.

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 32.93%, while the 200-Day Moving Average is calculated to be 30.20%.

Shares Statistics:

Insiders hold about 3.61% of the company’s shares, while institutions hold 10.64% stake in the company.

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