Given A -952.24% Drop From High, Can American Battery Technology Company (NASDAQ: ABAT) Quickly Recover?

During the last session, American Battery Technology Company (NASDAQ:ABAT)’s traded shares were 0.4 million, with the beta value of the company hitting 1.82. At the end of the trading day, the stock’s price was $1.34, reflecting an intraday loss of -2.90% or -$0.04. The 52-week high for the ABAT share is $14.10, that puts it down -952.24 from that peak though still a striking 9.7% gain since the share price plummeted to a 52-week low of $1.21. The company’s market capitalization is $73.78M, and the average trade volume was 716.69K shares over the past three months.

American Battery Technology Company (NASDAQ:ABAT) trade information

The stock plummet -2.90% in intraday trading to $1.34, hitting a weekly high. The stock’s 5-day price performance is 0.00%, and it has moved by -16.25% in 30 days. Based on these gigs, the overall price performance for the year is -88.69%.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 7.16M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 5.26M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -46.01%.

ABAT Dividends

American Battery Technology Company is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

American Battery Technology Company (NASDAQ:ABAT)’s Major holders