American Battery Technology (NASDAQ:ABAT - Free Report) - Analysts at Northland Capmk issued their Q1 2024 EPS estimates for American Battery Technology in a research note issued to investors on Wednesday, March 27th. Northland Capmk analyst D. Schafer anticipates that the company will earn ($0.14) per share for the quarter. Northland Capmk also issued estimates for American Battery Technology's Q2 2024 earnings at ($0.13) EPS, Q3 2024 earnings at ($0.12) EPS, Q4 2024 earnings at ($0.09) EPS, Q1 2025 earnings at ($0.05) EPS and Q2 2025 earnings at ($0.05) EPS.
Separately, Northland Securities began coverage on shares of American Battery Technology in a report on Wednesday. They set an "outperform" rating and a $6.00 price target for the company.
Get Our Latest Stock Analysis on American Battery Technology
American Battery Technology Trading Up 9.4 %
ABAT traded up $0.15 during trading hours on Friday, reaching $1.75. 770,033 shares of the stock traded hands, compared to its average volume of 672,220. The business's fifty day moving average price is $2.24. American Battery Technology has a fifty-two week low of $1.59 and a fifty-two week high of $18.00.
American Battery Technology (NASDAQ:ABAT - Get Free Report) last released its quarterly earnings data on Wednesday, February 14th. The company reported ($0.19) earnings per share (EPS) for the quarter.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. acquired a new position in shares of American Battery Technology in the 3rd quarter valued at about $29,000. Scarborough Advisors LLC bought a new stake in shares of American Battery Technology in the 4th quarter worth approximately $46,000. Brighton Jones LLC bought a new stake in shares of American Battery Technology in the 4th quarter worth approximately $47,000. LPL Financial LLC bought a new stake in shares of American Battery Technology in the 3rd quarter worth approximately $95,000. Finally, Townsquare Capital LLC bought a new stake in shares of American Battery Technology in the 3rd quarter worth approximately $135,000. 9.88% of the stock is owned by institutional investors and hedge funds.
About American Battery Technology
(
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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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