Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. American Battery Technology Company shares valued at $225,000 were sold by Melsert Ryan Mitchell on Apr 30 ’25. At $1.71 per share, Melsert Ryan Mitchell sold 131,579 shares. The insider’s holdings dropped to 1,774,795 shares worth approximately $2.5 million following the completion of this transaction.
Also, JOLCOVER SCOTT sold 23,125 shares, netting a total of over 18,500 in proceeds. Following the sale of shares at $0.80 each, the insider now holds 219,001 shares.
As published in their initiating research note from Northland Capital on March 27, 2024, American Battery Technology Company [ABAT] has been an Outperform and the price target has been revised to $6.
Analyzing ABAT Stock Performance
During the last five days, there has been a drop of approximately -9.62%. Over the course of the year, American Battery Technology Company shares have dropped approximately -42.68%. Shares of the company reached a 52-week high of $3.1500 on 01/06/25 and a 52-week low of $0.8600 on 04/07/25. A 50-day SMA is recorded $1.1080, while a 200-day SMA reached $1.1766.
Support And Resistance Levels for American Battery Technology Company (ABAT)
According to the 24-hour chart, there is a support level at 1.3333, which, if violated, would cause prices to drop to 1.2567. In the upper region, resistance lies at 1.4733. The next price resistance is at 1.5367. RSI (Relative Strength Index) is 57.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0460, which suggests the price will decrease in the coming days. Percent R is at 50.68%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
