American Battery Technology Company (NASDAQ:ABAT) does about 1.38M shares in volume on a normal day but saw 1157108 shares change hands in the recent trading day. The company now has a market cap of 127.68M USD. Its current market price is $1.38, marking a decrease of -4.83% compared to the previous close of $1.45. The 52 week high reached by this stock is $4.11 whilst the lowest price level in 52 weeks is $0.73.
The consensus objective for the share price is $6.00, suggesting that the stock has a potential upside of 77.0% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 27, 2024 when Northland Capital initiated the stock to “Outperform” and issued a price target of $6.
The current price level is -2.51%, 7.74%, and 13.23% away from its SMA20, SMA50, and SMA200 respectively, with the ABAT price moving below the 50-day SMA on current market day. American Battery Technology Company (ABAT) stock is down -6.76% over the week and -1.43% over the past month. Its price is -43.90% year-to-date and 0.73% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 77.0 percent from here.
Outstanding shares total 91.89M with insiders holding 5.07% of the shares and institutional holders owning 9.86% of the company’s common stock. The company has a return on investment of -91.19% and return on equity of -88.49%. The beta has a value of 1.20. Price to book ratio is 1.86 and price to sales ratio is 68.65.
