Aqua Metals (NASDAQ:AQMS)‘s stock had its “buy” rating restated by National Securities in a report issued on Friday, March 16th. They presently have a $15.00 target price on the business services provider’s stock. National Securities’ price objective would suggest a potential upside of 485.94% from the stock’s previous close.
A number of other equities research analysts also recently commented on AQMS. Zacks Investment Research raised Aqua Metals from a “sell” rating to a “hold” rating in a research report on Wednesday, December 13th. Oppenheimer reaffirmed a “buy” rating on shares of Aqua Metals in a research report on Monday, February 12th. Eurobank EFG lowered their price objective on Aqua Metals from $17.00 to $12.00 and set a “buy” rating for the company in a research report on Wednesday, February 14th. EuroPacific Canada reaffirmed a “buy” rating and issued a $12.00 price objective (down previously from $17.00) on shares of Aqua Metals in a research report on Friday, February 16th. Finally, HC Wainwright reiterated a “buy” rating and issued a $9.00 target price on shares of Aqua Metals in a report on Tuesday, March 6th. Two equities research analysts have rated the stock with a sell rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $17.83.
Shares of NASDAQ:AQMS remained flat at $$2.56 during midday trading on Friday. The stock had a trading volume of 394,135 shares, compared to its average volume of 653,161. The stock has a market capitalization of $73.46, a P/E ratio of -2.15 and a beta of 0.02. The company has a debt-to-equity ratio of 0.17, a quick ratio of 6.38 and a current ratio of 6.70. Aqua Metals has a twelve month low of $1.42 and a twelve month high of $18.70.
Aqua Metals (NASDAQ:AQMS) last announced its quarterly earnings data on Thursday, March 15th. The business services provider reported ($0.32) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.10). The firm had revenue of $0.90 million during the quarter, compared to analyst estimates of $1.27 million. research analysts forecast that Aqua Metals will post -0.61 earnings per share for the current year.
A number of institutional investors have recently modified their holdings of the stock. AWM Investment Company Inc. boosted its holdings in Aqua Metals by 62.4% in the fourth quarter. AWM Investment Company Inc. now owns 2,405,046 shares of the business services provider’s stock valued at $5,123,000 after acquiring an additional 923,668 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in Aqua Metals in the fourth quarter valued at $1,887,000. Vanguard Group Inc. boosted its holdings in Aqua Metals by 22.4% in the second quarter. Vanguard Group Inc. now owns 630,467 shares of the business services provider’s stock valued at $7,912,000 after acquiring an additional 115,233 shares during the last quarter. Selz Capital LLC boosted its holdings in Aqua Metals by 402.7% in the fourth quarter. Selz Capital LLC now owns 553,000 shares of the business services provider’s stock valued at $1,178,000 after acquiring an additional 443,000 shares during the last quarter. Finally, Robecosam AG boosted its holdings in Aqua Metals by 10.8% in the third quarter. Robecosam AG now owns 470,000 shares of the business services provider’s stock valued at $3,361,000 after acquiring an additional 46,000 shares during the last quarter. Hedge funds and other institutional investors own 35.17% of the company’s stock.
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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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