American Bitcoin (NASDAQ:ABTC) Upgraded at Maxim Group
American Bitcoin (NASDAQ:ABTC-Get Free Report)was upgraded by equities researchers at Maxim Group to a "strong-buy" rating in a research report issued on Tuesday,Zacks. comreports. The Great Pivot: Bitcoin. . .
American Bitcoin (NASDAQ:ABTC-Get Free Report)was upgraded by equities researchers at Maxim Group to a "strong-buy" rating in a research report issued on Tuesday,Zacks. comreports. The Great Pivot: Bitcoin Miners Are Becoming AI’s LandlordsABTC has been the subject of a number of other reports. Weiss Ratingsreaffirmed a "sell (d)" rating on shares of American Bitcoin in a report on Wednesday, June 24th. Zacks Research raised American Bitcoin from a "strong sell" rating to a "hold" rating in a research note on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat. com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $45. 00. GetAmerican Bitcoinalerts:Read Our Latest Stock Analysis on American BitcoinAmerican Bitcoin Price PerformanceShares ofABTCopened at $6. 10 on Tuesday. American Bitcoin has a 1-year low of $5. 04 and a 1-year high of $217. 80. The company has a market capitalization of $432. 49 million, a P/E ratio of -0. 81 and a beta of 3. 81. The firm's 50 day simple moving average is $11. 40 and its 200 day simple moving average is $15. 97. American Bitcoin (NASDAQ:ABTC-Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($1. 20) EPS for the quarter, missing analysts' consensus estimates of $0. 15 by ($1. 35). The company had revenue of $62. 12 million during the quarter, compared to analysts' expectations of $74. 85 million. American Bitcoin had a negative return on equity of 29. 72% and a negative net margin of 69. 42%. Institutional Inflows and OutflowsA number of institutional investors and hedge funds have recently bought and sold shares of the business. CWM LLC lifted its holdings in shares of American Bitcoin by 1,031. 4% in the 4th quarter. CWM LLC now owns 17,062 shares of the company's stock worth $29,000 after acquiring an additional 15,554 shares during the last quarter. Aptus Capital Advisors LLC purchased a new stake in shares of American Bitcoin in the 4th quarter valued at $33,000. Forty three Eighteen Advisors LLC bought a new position in shares of American Bitcoin during the 4th quarter valued at $34,000. EverSource Wealth Advisors LLC bought a new position in shares of American Bitcoin during the 1st quarter valued at $37,000. Finally, Kitching Partners LLC bought a new position in shares of American Bitcoin during the 4th quarter valued at $37,000. 10. 21% of the stock is currently owned by institutional investors. American Bitcoin Company Profile(Get Free Report)Gryphon Digital Mining is an innovative venture in the bitcoin space. Gryphon Digital Mining, formerly known as Akerna Corp. , is based in DENVER. Recommended StoriesFive stocks we like better than American BitcoinCould Truth API Become Trump Media’s First Meaningful Revenue Driver?Small Caps Are Crushing the S&P 500—3 Stocks Still Worth BuyingMoog Is More Than a Missile Maker, and Wall Street Is NoticingA Boring Dividend Growth Strategy Becomes a Solid Defensive PlayThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Should You Invest $1,000 in American Bitcoin Right Now?Before you consider American Bitcoin, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified thefive stocksthat top analysts are quietly whispering to their clients to buy now before the broader market catches on. . . and American Bitcoin wasn't on the list. While American Bitcoin currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks HereDiscover the 10 Best High-Yield Dividend Stocks for 2026 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps. Get This Free Report