Aqua Metals Inc (NASDAQ:AQMS) has received a consensus rating of “Buy” from the eight brokerages that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating and six have given a buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $20.75.
Several research firms have commented on AQMS. Eurobank EFG decreased their target price on shares of Aqua Metals from $17.00 to $12.00 and set a “buy” rating for the company in a research report on Wednesday, February 14th. Zacks Investment Research cut shares of Aqua Metals from a “hold” rating to a “sell” rating in a research report on Monday, February 12th. Oppenheimer restated a “buy” rating and issued a $34.00 target price on shares of Aqua Metals in a research report on Friday, November 10th. EuroPacific Canada restated a “buy” rating and issued a $12.00 target price (down previously from $17.00) on shares of Aqua Metals in a research report on Friday, February 16th. Finally, HC Wainwright restated a “buy” rating on shares of Aqua Metals in a research report on Friday, November 10th.
Aqua Metals (NASDAQ AQMS) opened at $2.77 on Wednesday. Aqua Metals has a 1 year low of $1.42 and a 1 year high of $22.75. The company has a quick ratio of 3.77, a current ratio of 4.01 and a debt-to-equity ratio of 0.19. The company has a market cap of $76.32 and a PE ratio of -2.16.
Large investors have recently modified their holdings of the company. Frontier Capital Management Co. LLC lifted its stake in shares of Aqua Metals by 15.8% in the 3rd quarter. Frontier Capital Management Co. LLC now owns 1,253,897 shares of the business services provider’s stock worth $8,589,000 after acquiring an additional 171,305 shares during the period. Leisure Capital Management acquired a new stake in shares of Aqua Metals in the 3rd quarter worth approximately $371,000. Vanguard Group Inc. lifted its stake in shares of Aqua Metals by 22.4% in the 2nd quarter. Vanguard Group Inc. now owns 630,467 shares of the business services provider’s stock worth $7,912,000 after acquiring an additional 115,233 shares during the period. Schwab Charles Investment Management Inc. lifted its stake in shares of Aqua Metals by 88.5% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 32,800 shares of the business services provider’s stock worth $412,000 after acquiring an additional 15,400 shares during the period. Finally, Prescott Group Capital Management L.L.C. acquired a new stake in shares of Aqua Metals in the 4th quarter worth approximately $471,000. 33.35% of the stock is owned by institutional investors.
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About Aqua Metals
Aqua Metals, Inc is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. The Company’s AquaRefining process focuses on providing for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining uses bio-degradable aqueous solvent and an ambient temperature electro-chemical process to produce lead.
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