American Battery Technology Company (NASDAQ: ABAT): A Competitive Analysis And Growth Prospects

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In the last trading session, 1.43 million shares of the American Battery Technology Company (NASDAQ:ABAT) were traded, and its beta was 1.83. Most recently the company’s share price was $1.01, and it changed around $0.09 or 9.78% from the last close, which brings the market valuation of the company to $85.51M. ABAT currently trades at a discount to its 52-week high of $4.11, offering almost -306.93% off that amount. The share price’s 52-week low was $0.73, which indicates that the current value has risen by an impressive 27.72% since then.

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 green trend with a performance of 9.78% 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 1.0700 on recent trading dayincreased the stock’s daily price by 5.61%. The company’s shares are currently down -58.94% year-to-date, but still up 1.79% over the last five days. On the other hand, American Battery Technology Company (NASDAQ:ABAT) is -37.65% down in the 30-day period.

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 April.

Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 1.7 shares worth $1.72 million, making up 0.25% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 755.36 shares worth around $0.76 million, which represents about 0.11% of the total shares outstanding.