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 April 4, 2025, ABAT stock price declined to $0.96 with 1,037,487 million shares trading.

ABAT has a beta of 1.01, meaning it tends to be more sensitive to market movements. ABAT has a correlation of 0.01 to the broad based SPY ETF.

ABAT has a market cap of $81.26 million. This is considered a Micro Cap stock.

Last quarter American Battery Technology Company reported $332,440 in Revenue and -$.18 earnings per share. This fell short of revenue expectation by $-20 million and missed earnings estimates by -$.15.

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

ABAT has underperformed the market in the last year with a return of -44.2%, while the SPY ETF was flat at -0.1%. In the last 3 month period, ABAT fell short of the market, returning -61.1%, while SPY returned -14.4%. However, in the most recent 2 weeks ABAT has outperformed the stock market by returning -6.8%, while SPY returned -10.4%.

ABAT support price is $.94 and resistance is $1.08 (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 shares will trade within this expected range on the day.