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The closing price of American Battery Technology Company (NASDAQ: ABAT) was $1.07 for the day, down -5.31% from the previous closing price of $1.13. In other words, the price has decreased by -$5.31 from its previous closing price. On the day, 1.14 million shares were traded. ABAT stock price reached its highest trading level at $1.19 during the session, while it also had its lowest trading level at $1.07.
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 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:
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 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 90584064 and an Enterprise Value of 85484704. For the stock, the TTM Price-to-Sale (P/S) ratio is 102.93 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 97.374 whereas that against EBITDA is -2.128.
Stock Price History:
The Beta on a monthly basis for ABAT is 1.33, which has changed by -0.2189781 over the last 52 weeks, in comparison to a change of 0.042615533 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 1.49%, while the 200-Day Moving Average is calculated to be -7.69%.
Shares Statistics:
ABAT traded an average of 1.37M shares per day over the past three months and 818500 shares per day over the past ten days. A total of 84.39M shares are outstanding, with a floating share count of 81.69M. Insiders hold about 3.50% of the company’s shares, while institutions hold 8.17% stake in the company. Shares short for ABAT as of 1743379200 were 5942910 with a Short Ratio of 4.32, compared to 1740700800 on 6506700. Therefore, it implies a Short% of Shares Outstanding of 5942910 and a Short% of Float of 7.359999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
