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In the latest session, American Battery Technology Company (NASDAQ: ABAT) closed at $0.80 down -5.88% from its previous closing price of $0.85. In other words, the price has decreased by -$5.88 from its previous closing price. On the day, 0.61 million shares were traded. ABAT stock price reached its highest trading level at $0.9199 during the session, while it also had its lowest trading level at $0.8.
Ratios:
For a deeper understanding of American Battery Technology Company’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.53 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.04 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 58646644 and an Enterprise Value of 60741056. For the stock, the TTM Price-to-Sale (P/S) ratio is 95.78 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 176.83 whereas that against EBITDA is -1.695.
Stock Price History:
The Beta on a monthly basis for ABAT is 1.87, which has changed by -0.7931874 over the last 52 weeks, in comparison to a change of 0.2936039 over the same period for the S&P500. Over the past 52 weeks, ABAT has reached a high of $6.45, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is -19.13%, while the 200-Day Moving Average is calculated to be -40.50%.
Shares Statistics:
For the past three months, ABAT has traded an average of 566.96K shares per day and 523260 over the past ten days. A total of 74.52M shares are outstanding, with a floating share count of 71.80M. Insiders hold about 3.65% of the company’s shares, while institutions hold 7.36% stake in the company. Shares short for ABAT as of 1730332800 were 6137690 with a Short Ratio of 10.83, compared to 1727654400 on 6802241. Therefore, it implies a Short% of Shares Outstanding of 6137690 and a Short% of Float of 8.84.
