Shares of Aqua Metals Inc (NASDAQ:AQMS) have been given an average rating of “Buy” by the seven ratings firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $9.50.
A number of equities research analysts have recently commented on the company. Zacks Investment Research cut Aqua Metals from a “buy” rating to a “hold” rating in a research note on Tuesday, January 8th. ValuEngine lowered Aqua Metals from a “buy” rating to a “hold” rating in a report on Thursday, November 1st. Finally, National Securities set a $10.00 price objective on Aqua Metals and gave the stock a “buy” rating in a report on Thursday, November 8th.
Shares of NASDAQ AQMS traded down $0.03 during mid-day trading on Wednesday, reaching $2.36. 2,205 shares of the company’s stock were exchanged, compared to its average volume of 426,282. The stock has a market capitalization of $106.79 million, a price-to-earnings ratio of -1.97 and a beta of 0.84. Aqua Metals has a 52 week low of $1.42 and a 52 week high of $4.22. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.17 and a quick ratio of 4.03.
In other news, President Stephen Cotton acquired 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 17th. The stock was bought at an average price of $1.90 per share, with a total value of $28,500.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 18.10% of the company’s stock.
Hedge funds have recently bought and sold shares of the business. Caption Management LLC grew its holdings in Aqua Metals by 372.9% during the 4th quarter. Caption Management LLC now owns 27,900 shares of the business services provider’s stock valued at $51,000 after buying an additional 22,000 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Aqua Metals by 112.4% during the 4th quarter. Bank of New York Mellon Corp now owns 32,502 shares of the business services provider’s stock valued at $59,000 after buying an additional 17,203 shares in the last quarter. Levin Capital Strategies L.P. purchased a new position in Aqua Metals during the 4th quarter valued at about $133,000. Vanguard Group Inc grew its holdings in Aqua Metals by 21.0% during the 3rd quarter. Vanguard Group Inc now owns 1,276,325 shares of the business services provider’s stock valued at $3,293,000 after buying an additional 221,425 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in Aqua Metals by 21.0% during the 3rd quarter. Vanguard Group Inc. now owns 1,276,325 shares of the business services provider’s stock valued at $3,293,000 after buying an additional 221,425 shares in the last quarter. 18.93% of the stock is owned by institutional investors and hedge funds.
About Aqua Metals
Aqua Metals, Inc engages in the recycling of lead primarily in the United States. It produces and sells hard lead, lead compounds, and plastics. The company was founded in 2014 and is headquartered in Alameda, California.
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