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NASDAQ: ABTS
Abits Group Inc Stock

$0.79+0.04 (+5.33%)
Updated Apr 15, 2024
ABTS Price
$0.79
Fair Value Price
$0.04
Market Cap
$28.09M
52 Week Low
$0.57
52 Week High
$1.80
P/E
-1.13x
P/B
1.37x
P/S
243.75x
PEG
N/A
Dividend Yield
N/A
Revenue
$131.28k
Earnings
-$24.10M
Gross Margin
-250.8%
Operating Margin
-18,358.84%
Profit Margin
-18,358.8%
Debt to Equity
0.03
Operating Cash Flow
-$45M
Beta
1.23
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

ABTS Overview

Abits Group Inc., a digital company, engages in the provision of bitcoin mining and related services 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 Tsim Sha Tsui, Hong Kong.

Zen Score

Industry Average (29)
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Due Diligence Checks

ABTS ($0.79) is overvalued by 1,848.07% relative to our estimate of its Fair Value price of $0.04 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
ABTS ($0.79) is not significantly undervalued (1,848.07%) relative to our estimate of its Fair Value price of $0.04 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
ABTS is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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ABTS News

Valuation

ABTS fair value

Fair Value of ABTS stock based on Discounted Cash Flow (DCF)
Price
$0.79
Fair Value
$0.04
Overvalued by
1,848.07%
ABTS ($0.79) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
ABTS ($0.79) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
ABTS is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

ABTS price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-1.13x
Industry
28.39x
Market
41.94x

ABTS price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.37x
Industry
3.25x
ABTS is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ABTS's financial health

Profit margin

Revenue
$0.0
Net Income
$0.0
Profit Margin
0%
ABTS's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
ABTS's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$21.0M
Liabilities
$541.4k
Debt to equity
0.03
ABTS's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
ABTS's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
N/A
Investing
N/A
Financing
N/A
ABTS's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

ABTS vs Advertising Agency Stocks

TickerMarket Cap1d %P/EP/B
ABTS$28.09M+5.33%-1.13x1.37x
CHR$24.52M-2.60%0.69x0.09x
SWAG$23.63M0.00%N/A0.60x
DLPN$23.50M+1.29%-0.75xN/A
FLNT$34.53M-8.96%-0.55x1.00x

Abits Group Stock FAQ

What is Abits Group's quote symbol?

(NASDAQ: ABTS) Abits Group trades on the NASDAQ under the ticker symbol ABTS. Abits Group stock quotes can also be displayed as NASDAQ: ABTS.

If you're new to stock investing, here's how to buy Abits Group stock.

What is the 52 week high and low for Abits Group (NASDAQ: ABTS)?

(NASDAQ: ABTS) Abits Group's 52-week high was $1.80, and its 52-week low was $0.57. It is currently -56.11% from its 52-week high and 39.82% from its 52-week low.

How much is Abits Group stock worth today?

(NASDAQ: ABTS) Abits Group currently has 35,554,677 outstanding shares. With Abits Group stock trading at $0.79 per share, the total value of Abits Group stock (market capitalization) is $28.09M.

Abits Group stock was originally listed at a price of $18.95 in Nov 15, 2016. If you had invested in Abits Group stock at $18.95, your return over the last 7 years would have been -95.83%, for an annualized return of -36.49% (not including any dividends or dividend reinvestments).

How much is Abits Group's stock price per share?

(NASDAQ: ABTS) Abits Group stock price per share is $0.79 today (as of Apr 15, 2024).

What is Abits Group's Market Cap?

(NASDAQ: ABTS) Abits Group's market cap is $28.09M, as of Apr 16, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Abits Group's market cap is calculated by multiplying ABTS's current stock price of $0.79 by ABTS's total outstanding shares of 35,554,677.
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