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 $1.56, up 2.63% from its previous closing price of $1.52. In other words, the price has increased by $2.63 from its previous closing price. On the day, 1.76 million shares were traded.
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 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.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future 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 241.86 while its Price-to-Book (P/B) ratio in mrq is 1.93.
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 2.30%, while the 200-Day Moving Average is calculated to be 28.26%.
Shares Statistics:
A total of 85.27M shares are outstanding, with a floating share count of 82.51M. Insiders hold about 3.23% of the company’s shares, while institutions hold 6.01% stake in the company.
