American Bitcoin Corp [NASDAQ: ABTC] slipped around -0.19 points on Friday, while shares priced at $2.23 at the close of the session, down -7.85%.
American Bitcoin Corp stock is now -33.84% down from its year-to-date (YTD) trading value. ABTC Stock saw the intraday high of $2.405 and lowest of $2.17 per share. The company’s 52-week high price is 14.65, which means current price is +255.38% above from all time high which was touched on 05/12/25.
Compared to the average trading volume of 6.37M shares, ABTC reached a trading volume of 17330834 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about American Bitcoin Corp [ABTC]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ABTC shares is $80.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ABTC stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for American Bitcoin Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 30, 2024. While these analysts kept the previous recommendation, Lake Street raised their target price to Buy. The new note on the price target was released on July 23, 2021, representing the official price target for American Bitcoin Corp stock. Previously, the target price had yet another raise to $18, while Alliance Global Partners analysts kept a Buy rating on ABTC stock.
The Price to Book ratio for the last quarter was 2.98, with the Price to Cash per share for the same quarter was set at 0.01.
How has ABTC stock performed recently?
American Bitcoin Corp [ABTC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -47.41. With this latest performance, ABTC shares dropped by -53.44% in over the last four-week period, additionally sinking by -59.82% over the last 6 months – not to mention a rise of 11.31% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ABTC stock in for the last two-week period is set at 21.64, with the RSI for the last a single of trading hit 0.50, and the three-weeks RSI is set at 0.53 for American Bitcoin Corp [ABTC]. The present Moving Average for the last 50 days of trading for this stock 5.12, while it was recorded at 2.56 for the last single week of trading, and 4.54 for the last 200 days.
American Bitcoin Corp [ABTC]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and American Bitcoin Corp [ABTC] shares currently have an operating margin of 7.04% and a Gross Margin at 23.87%. American Bitcoin Corp’s Net Margin is presently recorded at -10.79%.
American Bitcoin Corp (ABTC) Capital Structure & Debt Analysis
According to recent financial data for American Bitcoin Corp. ( ABTC), the Return on Equity (ROE) stands at -2.75%, reflecting a slight decline for investors. The Return on Assets (ROA) is -1.31%, reflecting the company’s efficiency in generating profits from its assets. Additionally, American Bitcoin Corp’s Return on Invested Capital (ROIC) is -1.06%, showcasing its effectiveness in deploying capital for earnings.
American Bitcoin Corp (ABTC) Efficiency & Liquidity Metrics
Based on American Bitcoin Corp’s (ABTC) latest financial statements, the Debt-to-Equity Ratio is 0.32%, indicating its reliance on debt financing relative to shareholder equity.
American Bitcoin Corp (ABTC) Efficiency & Liquidity Metrics
From an operational efficiency perspective, American Bitcoin Corp. (ABTC) effectively leverages its workforce, generating an average of -$2553333.33 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.07% and a Quick Ratio of 0.07%, indicating strong ability to cover short-term liabilities.
Insider trade positions for American Bitcoin Corp [ABTC]
There are presently around $26.64%, or 27.03%% of ABTC stock, in the hands of institutional investors.
