American Battery Technology (NASDAQ:ABAT - Get Free Report) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 6,340,000 shares, a decrease of 6.8% from the September 30th total of 6,800,000 shares. Based on an average daily trading volume, of 538,000 shares, the days-to-cover ratio is currently 11.8 days. Approximately 9.1% of the company's stock are sold short.
American Battery Technology Stock Performance
ABAT stock traded down $0.00 on Thursday, hitting $1.00. 346,411 shares of the company's stock were exchanged, compared to its average volume of 591,747. American Battery Technology has a 12-month low of $0.75 and a 12-month high of $6.45. The stock has a market cap of $73.07 million and a P/E ratio of -1.01. The firm has a 50 day moving average price of $1.02 and a two-hundred day moving average price of $1.14.
American Battery Technology (NASDAQ:ABAT - Get Free Report) last posted its quarterly earnings data on Monday, September 23rd. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.11). The firm had revenue of $0.34 million for the quarter, compared to analyst estimates of $5.00 million.
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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