On Friday, Electra Battery Materials Corp (NASDAQ: ELBM) opened higher 9.67% from the last session, before settling in for the closing price of $0.95. Price fluctuations for ELBM have ranged from $0.77 to $8.70 over the past 52 weeks.
A company in the Basic Materials sector has jumped its sales by 38.72% annually for the last half of the decade. Company’s average yearly earnings per share was noted 45.10% at the time writing. With a float of $90.45 million, this company’s outstanding shares have now reached $91.15 million.
Electra Battery Materials Corp (ELBM) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Other Industrial Metals & Mining industry is another important factor to consider. The insider ownership of Electra Battery Materials Corp is 0.77%, while institutional ownership is 21.21%.
Electra Battery Materials Corp (ELBM) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.2 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.2) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 45.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 62.05% during the next five years compared to 38.72% growth over the previous five years of trading.
Electra Battery Materials Corp (NASDAQ: ELBM) Trading Performance Indicators
Check out the current performance indicators for Electra Battery Materials Corp (ELBM). In the past quarter, the stock posted a quick ratio of 0.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.25, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.35 in one year’s time.
Technical Analysis of Electra Battery Materials Corp (ELBM)
Let’s dig in a bit further. During the last 5-days, its volume was 4.91 million. That was better than the volume of 2.64 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 12.11%.
During the past 100 days, Electra Battery Materials Corp’s (ELBM) raw stochastic average was set at 3.40%, which indicates a significant decrease from 12.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1866 in the past 14 days, which was lower than the 0.2348 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4527, while its 200-day Moving Average is $1.2711. However, in the short run, Electra Battery Materials Corp’s stock first resistance to watch stands at $1.0933. Second resistance stands at $1.1467. The third major resistance level sits at $1.2333. If the price goes on to break the first support level at $0.9533, it is likely to go to the next support level at $0.8667. The third support level lies at $0.8133 if the price breaches the second support level.
Electra Battery Materials Corp (NASDAQ: ELBM) Key Stats
There are currently 17,962K shares outstanding in the company with a market cap of 94.80 million. Presently, the company’s annual sales total 0 K according to its annual income of -21,490 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -510 K.
