Electra Battery Materials Corp (NASDAQ: ELBM) kicked off on Tuesday, up 4.03% from the previous trading day, before settling in for the closing price of $0.88. Over the past 52 weeks, ELBM has traded in a range of $0.77-$8.70.
A company in the Basic Materials sector has jumped its sales by 38.72% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 49.85%. With a float of $92.73 million, this company’s outstanding shares have now reached $96.48 million.
Electra Battery Materials Corp (ELBM) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of Electra Battery Materials Corp is 3.89%, while institutional ownership is 20.08%.
Electra Battery Materials Corp (ELBM) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported -1.7 earnings per share (EPS), lower than consensus estimate (set at -0.2) by -1.5.
According to the Wall Street analysts, stocks earnings will be around 49.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 62.13% 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
Take a look at Electra Battery Materials Corp’s (ELBM) current performance indicators. Last quarter, stock had a quick ratio of 0.05. For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.29 and is forecasted to reach -0.09 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 0.94 million. That was inferior than the volume of 2.5 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 29.19%.
During the past 100 days, Electra Battery Materials Corp’s (ELBM) raw stochastic average was set at 1.83%, which indicates a significant decrease from 22.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0676 in the past 14 days, which was lower than the 0.2385 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4221, while its 200-day Moving Average is $1.1874. However, in the short run, Electra Battery Materials Corp’s stock first resistance to watch stands at $0.9433. Second resistance stands at $0.9712. The third major resistance level sits at $1.0123. If the price goes on to break the first support level at $0.8743, it is likely to go to the next support level at $0.8332. Assuming the price breaks the second support level, the third support level stands at $0.8053.
Electra Battery Materials Corp (NASDAQ: ELBM) Key Stats
The company with the Market Capitalisation of 88.33 million has total of 93,653K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -21,490 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -3,440 K.
