American Battery Technology Company (NASDAQ: ABAT) is -42.68% lower on its value in year-to-date trading and has touched a low of $0.73 and a high of $4.11 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ABAT stock was last observed hovering at around $1.47 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $1.41, the stock is -35.95% and -2.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.53 million and changing -4.08% at the moment leaves the stock 15.22% off its SMA200. ABAT registered -49.82% loss for a year compared to 6-month gain of 44.62%. The firm has a 50-day simple moving average (SMA 50) of $1.4473 and a 200-day simple moving average (SMA200) of $1.22378.
The stock witnessed a 27.03% loss in the last 1 month and extending the period to 3 months gives it a 39.60%, and is -30.20% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.32% over the week and 24.62% over the month.
American Battery Technology Company (ABAT) has around 98 employees, a market worth around $120.23M and $0.55M in sales. Profit margin for the company is -9976.53%. Distance from 52-week low is 93.15% and -65.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-91.70%).
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American Battery Technology Company (ABAT) Top Institutional Holders
67.0 institutions hold shares in American Battery Technology Company (ABAT), with institutional investors hold 7.86% of the company’s shares. The shares outstanding are 85.27M, and float is at 82.51M with Short Float at 8.58%. Institutions hold 7.41% of the Float.
American Battery Technology Company (ABAT) Insider Activity
The most recent transaction is an insider sale by JOLCOVER SCOTT, the company’s Chief Resource Officer. SEC filings show that JOLCOVER SCOTT sold 23,125 shares of the company’s common stock on Nov 19 ’24 at a price of $0.80 per share for a total of $18500.0. Following the sale, the insider now owns 0.22 million shares.
