A new trading day began on Monday, with American Battery Technology Company (NASDAQ: ABAT) stock price down -9.72% from the previous day of trading, before settling in for the closing price of $0.93. ABAT’s price has ranged from $0.73 to $6.45 over the past 52 weeks.
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With a float of $71.83 million, this company’s outstanding shares have now reached $73.34 million.
The firm has a total of 98 workers. Let’s measure their productivity. In terms of profitability, gross margin is -390.91%, operating margin of -7099.07%, and the pretax margin is -9976.53%.
American Battery Technology Company (ABAT) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of American Battery Technology Company is 3.62%, while institutional ownership is 7.36%. The most recent insider transaction that took place on Nov 19 ’24, was worth 18,500. In this transaction Chief Resource Officer of this company sold 23,125 shares at a rate of $0.80, taking the stock ownership to the 219,001 shares.
American Battery Technology Company (ABAT) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.19 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
American Battery Technology Company (NASDAQ: ABAT) Trading Performance Indicators
Here are American Battery Technology Company’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 111.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.92
Technical Analysis of American Battery Technology Company (ABAT)
Analysing the last 5-days average volume posted by the [American Battery Technology Company, ABAT], we can find that recorded value of 0.49 million was lower than the volume posted last year of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 58.09%. Additionally, its Average True Range was 0.07.
During the past 100 days, American Battery Technology Company’s (ABAT) raw stochastic average was set at 23.44%, which indicates a significant decrease from 36.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 103.89% in the past 14 days, which was higher than the 67.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9625, while its 200-day Moving Average is $1.2778. Now, the first resistance to watch is $0.9050. This is followed by the second major resistance level at $0.9675. The third major resistance level sits at $1.0000. If the price goes on to break the first support level at $0.8100, it is likely to go to the next support level at $0.7775. Now, if the price goes above the second support level, the third support stands at $0.7150.
American Battery Technology Company (NASDAQ: ABAT) Key Stats
With a market capitalization of 61.38 million, the company has a total of 74,522K Shares Outstanding. Currently, annual sales are 340 K while annual income is -52,500 K. The company’s previous quarter sales were 200 K while its latest quarter income was -11,690 K.
