Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, American Battery Technology Company’s stock clocked out at $1.37, up 0.74% from its previous closing price of $1.36. In other words, the price has increased by $0.74 from its previous closing price. On the day, 0.5 million shares were traded. ABAT stock price reached its highest trading level at $1.4 during the session, while it also had its lowest trading level at $1.32.
Ratios:
To gain a deeper understanding of ABAT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 0.52. In the meantime, Its Debt-to-Equity ratio is 0.25 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.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABAT now has a Market Capitalization of 75430008 and an Enterprise Value of 79748296.
Stock Price History:
The Beta on a monthly basis for ABAT is 1.86, which has changed by -0.8817905 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, ABAT has reached a high of $14.10, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is -24.16%, while the 200-Day Moving Average is calculated to be -72.83%.
Shares Statistics:
It appears that ABAT traded 698.28K shares on average per day over the past three months and 454460 shares per day over the past ten days. A total of 55.06M shares are outstanding, with a floating share count of 53.19M. Insiders hold about 3.39% of the company’s shares, while institutions hold 9.32% stake in the company. Shares short for ABAT as of 1713139200 were 4533387 with a Short Ratio of 6.49, compared to 1710460800 on 4299049. Therefore, it implies a Short% of Shares Outstanding of 4533387 and a Short% of Float of 8.520000399999999.
