American Battery Technology Company (NASDAQ: ABAT) Is A Risk Capital Investor’s Play

In the last trading session, 2.05 million American Battery Technology Company (NASDAQ:ABAT) shares changed hands as the company’s beta touched 1.45. With the company’s per share price at $1.52 changed hands at -$0.1 or -6.17% during last session, the market valuation stood at $129.60M. ABAT’s last price was a discount, traded about -170.39% off its 52-week high of $4.11. The share price had its 52-week low at $0.73, which suggests the last value was 51.97% up since then. When we look at American Battery Technology Company’s average trading volume, we note the 10-day average is 3.07 million shares, with the 3-month average coming to 5.34 million.

American Battery Technology Company (NASDAQ:ABAT) trade information

Instantly ABAT was in red as seen at the end of in last trading. With action 15.15%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -38.21%, with the 5-day performance at 15.15% in the green. However, in the 30-day time frame, American Battery Technology Company (NASDAQ:ABAT) is -38.21% down. Looking at the short shares, we see there were 6.14 million shares sold at short interest cover period of 14.57 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -55.75%.

ABAT Dividends

American Battery Technology Company is expected to release its next quarterly earnings report in March.

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

If we look at who the major shareholders are, we find that insiders hold 5.76% of American Battery Technology Company shares while 7.41% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 7.86%.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . With 1.7 shares estimated at $2.59 million under it, the former controlled 0.25% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.11% of the shares, roughly 755.36 shares worth around $1.15 million.