Geode Capital Management LLC Buys 40,169 Shares of American Battery Technology (NASDAQ:ABAT)

Geode Capital Management LLC lifted its stake in shares of American Battery Technology (NASDAQ:ABAT) by 6.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 645,063 shares of the company’s stock after purchasing an additional 40,169 shares during the quarter. Geode Capital Management LLC’s holdings in American Battery Technology were worth $690,000 as of its most recent SEC filing.

Separately, State Street Corp raised its stake in shares of American Battery Technology by 26.9% during the 3rd quarter. State Street Corp now owns 204,200 shares of the company’s stock valued at $218,000 after purchasing an additional 43,300 shares during the period. 9.88% of the stock is currently owned by institutional investors.

American Battery Technology Stock Performance

NASDAQ:ABAT opened at $2.04 on Friday. American Battery Technology has a 52-week low of $0.73 and a 52-week high of $4.11. The firm has a market cap of $166.25 million, a price-to-earnings ratio of -2.08 and a beta of -2.81. The business’s fifty day moving average is $1.39 and its 200 day moving average is $1.16.

American Battery Technology 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.