American Battery Technology Company (NASDAQ: ABAT) is 38.98% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ABAT stock was last observed hovering at around $1.62 in the last trading session, with the day’s gains setting it 1659998.38%.
Currently trading at $1660000.0, the stock is 17.82% and 18.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.15 million and changing 1.23% at the moment leaves the stock 32.28% off its SMA200. ABAT registered -33.33% loss for a year compared to 6-month loss of -47.77%. The firm has a 50-day simple moving average (SMA 50) of $1.3788 and a 200-day simple moving average (SMA200) of $1.23983.
The stock witnessed a 25.19% gain in the last 1 month and extending the period to 3 months gives it a 59.22%, and is 31.20% up 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 14.38% over the week and 8.05% over the month.
American Battery Technology Company (ABAT) has around 98 employees, a market worth around $151.74M and $1.86M in sales. Profit margin for the company is -3230.99%. Distance from 52-week low is 124.66% and -60.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-91.19%).
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American Battery Technology Company (ABAT) Top Institutional Holders
89.0 institutions hold shares in American Battery Technology Company (ABAT), with institutional investors hold 10.39% of the company’s shares. The shares outstanding are 92.52M, and float is at 89.25M with Short Float at 7.24%. Institutions hold 9.86% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 2.54 million shares valued at $3.17 million. The investor’s holdings represent 4.8791% of the ABAT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 0.78 million shares valued at $0.97 million to account for 1.4931 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 0.6 million shares representing 1.1634% and valued at over $0.76 million, while GRASSI INVESTMENT MANAGEMENT holds 0.912 of the shares totaling 0.47 million with a market value of $0.59 million.
American Battery Technology Company (ABAT) Insider Activity
The most recent transaction is an insider sale by Lowery Elizabeth Ann, the company’s Director. SEC filings show that Lowery Elizabeth Ann sold 95,078 shares of the company’s common stock on May 19 ’25 at a price of $1.41 per share for a total of $0.13 million. Following the sale, the insider now owns 78067.0 shares.
American Battery Technology Company disclosed in a document filed with the SEC on May 20 ’25 that Lowery Elizabeth Ann (Director) sold a total of 14,922 shares of the company’s common stock. The trade occurred on May 20 ’25 and was made at $1.40 per share for $20891.0. Following the transaction, the insider now directly holds 63145.0 shares of the ABAT stock.
Still, SEC filings show that on Apr 30 ’25, Melsert Ryan Mitchell (Chief Executive Officer) disposed off 131,579 shares at an average price of $1.71 for $0.23 million. The insider now directly holds 1,774,795 shares of American Battery Technology Company (ABAT).