American Battery Technology (NASDAQ:ABAT - Get Free Report) was down 7.1% during mid-day trading on Monday . The stock traded as low as $0.93 and last traded at $0.94. Approximately 838,516 shares traded hands during trading, a decline of 54% from the average daily volume of 1,806,997 shares. The stock had previously closed at $1.01.
American Battery Technology Stock Up 3.5 %
The firm's 50-day simple moving average is $1.44 and its 200-day simple moving average is $1.24. The firm has a market capitalization of $82.96 million, a PE ratio of -1.01 and a beta of -2.07.
American Battery Technology (NASDAQ:ABAT - Get Free Report) last posted its quarterly earnings results on Friday, February 14th. The company reported ($0.18) earnings per share (EPS) for the quarter. The business had revenue of $330 billion for the quarter.
Institutional Trading of American Battery Technology
Several institutional investors have recently added to or reduced their stakes in the business. Tidal Investments LLC boosted its position in American Battery Technology by 5.9% during the third quarter. Tidal Investments LLC now owns 77,475 shares of the company's stock valued at $83,000 after buying an additional 4,284 shares during the period. Corient Private Wealth LLC purchased a new stake in American Battery Technology in the fourth quarter worth about $25,000. Two Sigma Investments LP lifted its holdings in American Battery Technology by 39.8% in the fourth quarter. Two Sigma Investments LP now owns 37,750 shares of the company's stock worth $93,000 after buying an additional 10,756 shares during the period. Squarepoint Ops LLC purchased a new position in shares of American Battery Technology during the fourth quarter valued at approximately $32,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of American Battery Technology during the fourth quarter valued at approximately $43,000. 9.88% of the stock is currently owned by hedge funds and other institutional investors.
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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