Chico Wealth RIA acquired a new stake in American Battery Technology Company (NASDAQ:ABAT - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 200,000 shares of the company's stock, valued at approximately $206,000. American Battery Technology accounts for about 0.2% of Chico Wealth RIA's holdings, making the stock its 27th largest position. Chico Wealth RIA owned approximately 0.24% of American Battery Technology at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of ABAT. Corient Private Wealth LLC purchased a new stake in American Battery Technology in the 4th quarter valued at about $25,000. Squarepoint Ops LLC purchased a new stake in American Battery Technology in the 4th quarter valued at about $32,000. Schonfeld Strategic Advisors LLC purchased a new stake in American Battery Technology in the 4th quarter valued at about $43,000. Raymond James Financial Inc. acquired a new position in American Battery Technology in the 4th quarter valued at about $56,000. Finally, Tower Research Capital LLC TRC grew its position in American Battery Technology by 753.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 29,773 shares of the company's stock valued at $73,000 after acquiring an additional 26,286 shares in the last quarter. 9.88% of the stock is currently owned by hedge funds and other institutional investors.
American Battery Technology Stock Down 3.1%
NASDAQ ABAT traded down $0.04 during trading on Monday, hitting $1.23. The stock had a trading volume of 1,045,895 shares, compared to its average volume of 2,027,017. The company has a market capitalization of $113.02 million, a PE ratio of -1.34 and a beta of -2.61. The firm has a 50 day moving average price of $1.35 and a 200 day moving average price of $1.38. American Battery Technology Company has a twelve month low of $0.73 and a twelve month high of $4.11.
American Battery Technology (NASDAQ:ABAT - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.18). American Battery Technology had a negative return on equity of 74.43% and a negative net margin of 3,230.84%.
American Battery Technology Company Profile
(
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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