At the time of writing, American Battery Technology Company [ABAT] stock is trading at $1.10, up 12.24%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ABAT shares have gain 17.23% over the last week, with a monthly amount drifted -15.38%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
American Battery Technology Company [NASDAQ: ABAT] stock has seen the most recent analyst activity on March 27, 2024, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $6.
For the past year, the stock price of American Battery Technology Company fluctuated between $0.73 and $4.11. American Battery Technology Company [NASDAQ: ABAT] shares were valued at $1.10 at the most recent close of the market.
Analyzing the ABAT fundamentals
Gross Profit Margin for this corporation currently stands at -5.74% with Operating Profit Margin at -34.73%, Pretax Profit Margin comes in at -66.67%, and Net Profit Margin reading is -66.67%. To continue investigating profitability, this company’s Return on Assets is posted at -0.66, Equity is -0.9 and Total Capital is -0.43. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9967 points at the first support level, and at 0.8933 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1717, and for the 2nd resistance point, it is at 1.2433.
Ratios To Look Out For
It is important to note that American Battery Technology Company [NASDAQ:ABAT] has a current ratio of 1.75. In addition, the Quick Ratio stands at 1.71 and the Cash Ratio stands at 0.9. Considering the valuation of this stock, the price to sales ratio is 105.82, the price to book ratio is 1.31.
Transactions by insiders
Recent insider trading involved JOLCOVER SCOTT, Chief Resource Officer, that happened on Nov 19 ’24 when 23125.0 shares were sold.
