Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -81.03%. However, over the last six months, the performance has been stronger by -38.20%. The price of ABAT decreased -11.89% over the last 30 days. And in the last five days, it has surged by 4.69%.
American Battery Technology Company experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $6.45 on 12/20/23, while the lowest price for the same period was registered at $0.73 on 11/21/24.
52-week price history of ABAT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. American Battery Technology Company’s current trading price is -86.20% away from its 52-week high, while its distance from the 52-week low is 21.90%. The stock’s price range during this period has varied between$0.73 and $6.45. The American Battery Technology Company’s shares, which operate in the Basic Materials, saw a trading volume of around 1.37 million for the day, a figure considerably higher than their average daily volume of 0.6 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
American Battery Technology Company (ABAT) has experienced a quarterly decline of -17.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 77.66M and boasts a workforce of 98 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0120, with a change in price of -0.1451. Similarly, American Battery Technology Company recorded 543,569 in trading volume during the last 100 days, posting a change of -14.02%.
ABAT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ABAT stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.00.
ABAT Stock Stochastic Average
As of today, American Battery Technology Company’s raw stochastic average for the last 50 days stands at 33.31%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 55.14%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 24.49% and 14.63%, respectively.
