BIT Capital GmbH Purchases Shares of 32,172 American Battery Technology (NASDAQ:ABAT)

BIT Capital GmbH purchased a new position in shares of American Battery Technology (NASDAQ:ABAT) during the 4th quarter, Holdings Channel.com reports. The fund purchased 32,172 shares of the company’s stock, valued at approximately $79,000.

A number of other institutional investors also recently made changes to their positions in the business. Corient Private Wealth LLC purchased a new position in American Battery Technology in the 4th quarter worth $25,000. Raymond James Financial Inc. bought a new position in shares of American Battery Technology during the fourth quarter valued at about $56,000. Tidal Investments LLC grew its stake in shares of 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 last quarter. State Street Corp increased its holdings in shares of American Battery Technology by 26.9% in the third quarter. State Street Corp now owns 204,200 shares of the company’s stock worth $218,000 after buying an additional 43,300 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of American Battery Technology by 6.6% in the 3rd quarter. Geode Capital Management LLC now owns 645,063 shares of the company’s stock valued at $690,000 after acquiring an additional 40,169 shares during the last quarter. Hedge funds and other institutional investors own 9.88% of the company’s stock.

American Battery Technology Price Performance

ABAT opened at $1.01 on Thursday. The stock’s 50 day simple moving average is $1.25 and its 200 day simple moving average is $1.24. The firm has a market cap of $85.50 million, a price-to-earnings ratio of -1.04 and a beta of -2.07. American Battery Technology has a 1 year low of $0.73 and a 1 year high of $4.11.

American Battery Technology (NASDAQ:ABAT) last released its quarterly earnings data on Friday, February 14th. The company reported ($0.18) earnings per share for the quarter. The firm had revenue of $330 billion during the quarter.

American Battery Technology Company Profile

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.