With 14.8 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.8 million shares. During the session, the Capital Markets company that operates in wider Financial sector, reached to the highest price of $9.54 whereas the lowest price it dropped to was $8.6301. The 52-week range on ABTC shows that it touched its highest point at $14.65 and its lowest point at $0.63 during that stretch. It currently has a 1-year price target of $80.00. Beta for the stock currently stands at 3.96.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ABTC was up-trending over the past week, with a rise of 34.93%, but this was up by 45.47% over a month. Three-month performance surged to 59.15% while six-month performance rose 872.83%. The stock gained 364.69% in the past year, while it has gained 221.15% so far this year.
Float and Shares Shorts:
At present, 14.82 million ABTC shares are outstanding with a float of 10.39 million shares on hand for trading. In addition to Mr. Asher Kevin Genoot as the firm’s Executive Chairman, Mr. Michael Ho serves as its CEO & Director.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$3.8 being high and -$3.8 being low. For ABTC, this leads to a yearly average estimate of -$3.8.
