In today’s recent session, 0.73 million shares of the American Battery Technology Company (NASDAQ:ABAT) have been traded, and its beta is 1.29. Most recently the company’s share price was $1.39, and it changed around $0.07 or 5.68% from the last close, which brings the market valuation of the company to $128.18M. ABAT at last check was trading at a discount to its 52-week high of $4.11, offering almost -195.68% off that amount. The share price’s 52-week low was $0.73, which indicates that the recent value has risen by an impressive 47.48% since then. We note from American Battery Technology Company’s average daily trading volume that its 10-day average is 1.67 million shares, with the 3-month average coming to 1.37 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 been showing a green trend so far today with a performance of 5.68% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.4450 on recent trading dayincreased the stock’s daily price by 3.81%. The company’s shares are currently down -43.29% year-to-date, but still up 0.36% over the last five days. On the other hand, American Battery Technology Company (NASDAQ:ABAT) is 21.30% up in the 30-day period. We can see from the shorts that 6.48 million shares have been sold at a short interest cover period of 4.33 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 on 2024-Nov-13.
American Battery Technology Company (NASDAQ:ABAT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 5.02% of American Battery Technology Company shares, and 9.89% of them are in the hands of institutional investors. The stock currently has a share float of 10.42%. American Battery Technology Company stock is held by 90.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 4.8791% of the shares, which is about 2.54 million shares worth $3.17 million.
BLACKROCK INC., with 1.4931% or 0.78 million shares worth $0.97 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 1.7 shares worth $2.33 million, making up 0.25% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held roughly 755.36 shares worth around $1.03 million, which represents about 0.11% of the total shares outstanding.
