| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Abits Group Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.58 |
| 52 Week High | US$1.60 |
| 52 Week Low | US$0.38 |
| Beta | 2.73 |
| 11 Month Change | 22.77% |
| 3 Month Change | 10.96% |
| 1 Year Change | -34.44% |
| 33 Year Change | -90.35% |
| 5 Year Change | -75.45% |
| Change since IPO | -98.20% |
Recent News & Updates
Recent updates
We're Keeping An Eye On Abits Group's (NASDAQ:ABTS) Cash Burn Rate
Mar 07
Is Moxian (BVI) (NASDAQ:MOXC) In A Good Position To Invest In Growth?
Nov 12Moxian to divest Chinese unit amid uncertainty over govt tightening control over gaming
Aug 15This Is Why We Think Moxian, Inc.'s (NASDAQ:MOXC) CEO Might Get A Pay Rise Approved By Shareholders
Jun 18Shareholder Returns
| ABTS | US Software | US Market | |
|---|---|---|---|
| 7D | -0.5% | -2.3% | -1.9% |
| 1Y | -34.4% | 23.6% | 30.4% |
Return vs Industry: ABTS underperformed the US Software industry which returned 23.6% over the past year.
Return vs Market: ABTS underperformed the US Market which returned 30.4% over the past year.
Price Volatility
| ABTS volatility | |
|---|---|
| ABTS Average Weekly Movement | 13.8% |
| Software Industry Average Movement | 7.2% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: ABTS's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: ABTS's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2021 | 11 | Forrest Deng | www.abitsgroup.com |
Abits Group Inc. operates in the bitcoin mining business in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc. in November 2023. Abits Group Inc. was incorporated in 2021 and is based in Causeway Bay, Hong Kong.
Abits Group Inc. Fundamentals Summary
| ABTS fundamental statistics | |
|---|---|
| Market cap | US$20.47m |
| Earnings (TTM) | -US$9.10m |
| Revenue (TTM) | US$5.34m |
3.8x
P/S Ratio-2.3x
P/E RatioIs ABTS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ABTS income statement (TTM) | |
|---|---|
| Revenue | US$5.34m |
| Cost of Revenue | US$3.56m |
| Gross Profit | US$1.79m |
| Other Expenses | US$10.88m |
| Earnings | -US$9.10m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.26 |
| Gross Margin | 33.42% |
| Net Profit Margin | -170.22% |
| Debt/Equity Ratio | 0% |
How did ABTS perform over the long term?
See historical performance and comparison