Electra Battery Materials Corp (NASDAQ: ELBM) on Monday, plunged -5.79% from the previous trading day, before settling in for the closing price of $0.88. Within the past 52 weeks, ELBM’s price has moved between $0.77 and $8.70.
It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 38.72%. The company achieved an average annual earnings per share of 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 and Institutional Ownership
Observing investor behavior towards Other Industrial Metals & Mining industry stocks is more important than anything else. The insider ownership of Electra Battery Materials Corp is 3.89%, while institutional ownership is 20.08%.
Electra Battery Materials Corp (ELBM) Latest Financial update
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -1.7 earnings per share (EPS) for the period falling under the consensus outlook (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
Electra Battery Materials Corp (ELBM) is currently performing well based on its current performance indicators. A quick ratio of 0.05 was reported for the most recent quarter.
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)
The latest stats from [Electra Battery Materials Corp, ELBM] show that its last 5-days average volume of 0.83 million was inferior to 2.45 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 26.08%.
During the past 100 days, Electra Battery Materials Corp’s (ELBM) raw stochastic average was set at 0.76%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0600 in the past 14 days, which was lower than the 0.2380 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0997, while its 200-day Moving Average is $1.1620. Now, the first resistance to watch is $0.8633. This is followed by the second major resistance level at $0.8967. The third major resistance level sits at $0.9133. If the price goes on to break the first support level at $0.8133, it is likely to go to the next support level at $0.7967. The third support level lies at $0.7633 if the price breaches the second support level.
Electra Battery Materials Corp (NASDAQ: ELBM) Key Stats
Market capitalization of the company is 80.08 million based on 93,653K outstanding shares. Right now, sales total 0 K and income totals -21,490 K. The company made 0 K in profit during its latest quarter, and -3,440 K in sales during its previous quarter.
