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The price of American Battery Technology Company (NASDAQ: ABAT) closed at $1.56 in the last session, down -8.77% from day before closing price of $1.71. In other words, the price has decreased by -$8.77 from its previous closing price. On the day, 3.49 million shares were traded. ABAT stock price reached its highest trading level at $1.62 during the session, while it also had its lowest trading level at $1.5.
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:
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 132066472 and an Enterprise Value of 126967128. For the stock, the TTM Price-to-Sale (P/S) ratio is 150.08 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 144.626 whereas that against EBITDA is -3.16.
Stock Price History:
The Beta on a monthly basis for ABAT is 1.33, which has changed by 0.13868618 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. 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 46.27%, while the 200-Day Moving Average is calculated to be 33.62%.
Shares Statistics:
According to the various share statistics, ABAT traded on average about 1.39M shares per day over the past 3-months and 2674550 shares per day over the past 10 days. A total of 84.39M shares are outstanding, with a floating share count of 81.67M. Insiders hold about 3.53% of the company’s shares, while institutions hold 8.43% stake in the company. Shares short for ABAT as of 1744675200 were 5933225 with a Short Ratio of 4.26, compared to 1741910400 on 6220214. Therefore, it implies a Short% of Shares Outstanding of 5933225 and a Short% of Float of 7.340000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
