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Abits Group NasdaqCM:ABTS Stock Report

Last Price

US$0.64

Market Cap

US$22.4m

7D

-7.9%

1Y

-35.0%

Updated

05 Apr, 2024

Data

Company Financials

Abits Group Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Abits Group
Historical stock prices
Current Share PriceUS$0.64
52 Week HighUS$1.80
52 Week LowUS$0.57
Beta3.07
1 Month Change-27.39%
3 Month Change-47.96%
1 Year Change-35.02%
3 Year Change-85.81%
5 Year Change-78.66%
Change since IPO-98.00%

Recent News & Updates

We're Keeping An Eye On Abits Group's (NASDAQ:ABTS) Cash Burn Rate

Mar 07
We're Keeping An Eye On Abits Group's (NASDAQ:ABTS) Cash Burn Rate

Is Moxian (BVI) (NASDAQ:MOXC) In A Good Position To Invest In Growth?

Nov 12
Is Moxian (BVI) (NASDAQ:MOXC) In A Good Position To Invest In Growth?

Recent updates

We're Keeping An Eye On Abits Group's (NASDAQ:ABTS) Cash Burn Rate

Mar 07
We're Keeping An Eye On Abits Group's (NASDAQ:ABTS) Cash Burn Rate

Is Moxian (BVI) (NASDAQ:MOXC) In A Good Position To Invest In Growth?

Nov 12
Is Moxian (BVI) (NASDAQ:MOXC) In A Good Position To Invest In Growth?

Moxian to divest Chinese unit amid uncertainty over govt tightening control over gaming

Aug 15

This Is Why We Think Moxian, Inc.'s (NASDAQ:MOXC) CEO Might Get A Pay Rise Approved By Shareholders

Jun 18
This Is Why We Think Moxian, Inc.'s (NASDAQ:MOXC) CEO Might Get A Pay Rise Approved By Shareholders

Shareholder Returns

ABTSUS SoftwareUS Market
7D-7.9%-1.7%-2.1%
1Y-35.0%41.9%24.7%

Rentabilidad frente al sector: ABTS obtuvo unos resultados inferiores a los del sector US Media , que el año pasado arrojó un rendimiento del 1.9%.

Rentabilidad vs. Mercado: ABTS obtuvo unos resultados inferiores a los del mercado US, que fue del 18.9% el año pasado.

Price Volatility

Is ABTS's price volatile compared to industry and market?
ABTS volatility
ABTS Average Weekly Movement12.5%
Software Industry Average Movement8.2%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Precio estable de las acciones: ABTSha sido volátil en los últimos 3 meses.

Volatilidad a lo largo del tiempo: ABTS(13%) se ha mantenido estable durante el último año, pero sigue siendo superior al 75% de los valores de US.

About the Company

FoundedEmployeesCEOWebsite
202112Forrest Denghttps://www.abitsgroup.com

Abits Group Inc, una empresa digital, se dedica a la prestación de servicios de minería de bitcoin y servicios relacionados en Estados Unidos. La empresa era conocida anteriormente como Moxian (BVI) Inc y cambió su nombre a Abits Group Inc. en noviembre de 2023. Abits Group Inc. se constituyó en 2021 y tiene su sede en Tsim Sha Tsui, Hong Kong.

Abits Group Inc. Fundamentals Summary

How do Abits Group's earnings and revenue compare to its market cap?
ABTS fundamental statistics
Market capUS$22.44m
Earnings (TTM)-US$25.13m
Revenue (TTM)US$131.28k

173.4x

P/S Ratio

-0.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABTS income statement (TTM)
RevenueUS$131.28k
Cost of RevenueUS$460.58k
Gross Profit-US$329.30k
Other ExpensesUS$24.80m
Earnings-US$25.13m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.71
Gross Margin-250.84%
Net Profit Margin-19,139.30%
Debt/Equity Ratio0%

How did ABTS perform over the long term?

See historical performance and comparison
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