American Battery Technology Company (NASDAQ:ABAT - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $5.17 and last traded at $5.16, with a volume of 19876706 shares. The stock had previously closed at $4.38.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of American Battery Technology from a "sell" rating to a "hold" rating in a research report on Saturday, July 26th.
View Our Latest Research Report on American Battery Technology
American Battery Technology Trading Up 17.8%
The company has a market cap of $609.14 million, a PE ratio of -8.75 and a beta of -2.20. The business's 50-day simple moving average is $2.75 and its 200-day simple moving average is $1.85.
American Battery Technology (NASDAQ:ABAT - Get Free Report) last released its earnings results on Thursday, September 18th. The company reported ($0.10) earnings per share (EPS) for the quarter. American Battery Technology had a negative return on equity of 67.35% and a negative net margin of 1,090.07%.The company had revenue of $2.78 million during the quarter.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. ProShare Advisors LLC bought a new position in shares of American Battery Technology during the 2nd quarter valued at $27,000. Goldman Sachs Group Inc. bought a new position in shares of American Battery Technology during the 1st quarter valued at $27,000. Creative Planning raised its holdings in shares of American Battery Technology by 35.8% during the 2nd quarter. Creative Planning now owns 18,958 shares of the company's stock valued at $31,000 after purchasing an additional 5,000 shares in the last quarter. Squarepoint Ops LLC bought a new position in shares of American Battery Technology during the 4th quarter valued at $32,000. Finally, Police & Firemen s Retirement System of New Jersey bought a new position in shares of American Battery Technology during the 2nd quarter valued at $36,000. Institutional investors own 9.88% of the company's stock.
About American Battery Technology
(
Get Free Report)
American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries.
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