American Battery Technology Company (NASDAQ: ABAT): A Suicide Machine Or A Millionaire’s Dream?

In the last trading session, 13.14 million shares of the American Battery Technology Company (NASDAQ:ABAT) were traded, and its beta was 1.52. Most recently the company’s share price was $2.71, and it changed around -$0.65 or -19.35% from the last close, which brings the market valuation of the company to $236.32M. ABAT currently trades at a discount to its 52-week high of $5.07, offering almost -87.08% off that amount. The share price’s 52-week low was $0.73, which indicates that the current value has risen by an impressive 73.06% since then. We note from American Battery Technology Company’s average daily trading volume that its 10-day average is 18.8 million shares, with the 3-month average coming to 3.40 million.

American Battery Technology Company stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended ABAT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. American Battery Technology Company is expected to report earnings per share of 0 for the current quarter.

American Battery Technology Company (NASDAQ:ABAT) trade information

Instantly ABAT has showed a red trend with a performance of -19.35% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.11 on recent trading dayincreased the stock’s daily price by 34.06%. The company’s shares are currently down -42.22% year-to-date, but still up 144.14% over the last five days. On the other hand, American Battery Technology Company (NASDAQ:ABAT) is 183.92% up in the 30-day period. We can see from the shorts that 6.14 million shares have been sold at a short interest cover period of 14.57 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -55.75%.

ABAT Dividends

American Battery Technology Company’s next quarterly earnings report is expected to be released in January.

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

Upon looking at major shareholders, it appears that insiders hold 5.76% of American Battery Technology Company shares, and 7.41% of them are in the hands of institutional investors. The stock currently has a share float of 7.86%.