ABAT Stock Summary and Trading Ideas (American Battery Technology Company | NASDAQ:ABAT)

American Battery Technology Co is engaged in lithium-ion battery recycling, battery metals and material extraction, and resource production. It is a battery metals company producing low-cost battery metals with a commitment to closed-loop, clean energy technologies.

American Battery Technology Company trades on the NASDAQ stock market under the symbol ABAT.

As of August 23, 2024, ABAT stock price climbed to $1.07 with 166,549 million shares trading.

ABAT has a beta of 3.08, meaning it tends to be more sensitive to market movements. ABAT has a correlation of 0.16 to the broad based SPY ETF.

ABAT has a market cap of $62.70 million. This is considered a Micro Cap stock.

The top ETF exchange traded funds that ABAT belongs to (by Net Assets): VTI, VXF, IWC, SETM.

ABAT support price is $.99 and resistance is $1.09 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ABAT stock will trade within this expected range on the day.