American Battery Technology (NASDAQ:ABAT - Get Free Report) traded down 7.1% during mid-day trading on Monday . The stock traded as low as $0.93 and last traded at $0.94. 838,516 shares were traded during trading, a decline of 54% from the average session volume of 1,806,997 shares. The stock had previously closed at $1.01.
American Battery Technology Trading Up 3.5 %
The firm's 50-day moving average price is $1.44 and its 200-day moving average price is $1.24. The stock 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 data on Friday, February 14th. The company reported ($0.18) earnings per share for the quarter. The company had revenue of $330 billion for the quarter.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its stake in shares of American Battery Technology by 25.0% in the 4th quarter. Geode Capital Management LLC now owns 806,152 shares of the company's stock valued at $1,984,000 after acquiring an additional 161,089 shares during the period. Soviero Asset Management LP purchased a new position in shares of American Battery Technology in the 4th quarter valued at about $1,673,000. State Street Corp boosted its stake in shares of American Battery Technology by 26.9% during the 3rd quarter. State Street Corp now owns 204,200 shares of the company's stock worth $218,000 after purchasing an additional 43,300 shares during the last quarter. Northern Trust Corp boosted its position in shares of American Battery Technology by 49.3% in the fourth quarter. Northern Trust Corp now owns 131,742 shares of the company's stock worth $324,000 after acquiring an additional 43,478 shares during the last quarter. Finally, Tidal Investments LLC lifted 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 in the last quarter. Hedge funds and other institutional investors own 9.88% of the company's stock.
American Battery Technology Company Profile
(
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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