Stocks of Aqua Metals Inc. (NASDAQ:AQMS) traded higher last session on Wall Street, down -4.45% to $0.77.
According to the data, Aqua Metals Inc. (NASDAQ:AQMS) has 1 analysts covering its stock. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $6.00 and a low of $6.00, we find $6.00. Given the previous closing price of $0.81, this indicates a potential upside of 640.74 percent. AQMS stock price is now -5.34% away from the 50-day moving average and -19.45% away from the 200-day moving average. The market capitalization of the company currently stands at $59.13M.
A total of 0 analysts have issued a hold rating and 1 have given it a buy rating. Brokers who have rated the stock have averaged $6.00 as their price target over the next twelve months.
With the price target of $8, H.C. Wainwright recently initiated with Buy rating for Aqua Metals Inc. (NASDAQ: AQMS)., while ‘Euro Pacific Capital’ rates the stock as ‘Buy’.
In other news, Taecker Benjamin S., Chief Eng and Opr Officer sold 49,556 shares of the company’s stock on Jul 08. The stock was sold for $38,158 at an average price of $0.77. Upon completion of the transaction, the Chief Eng and Opr Officer now directly owns 365,091 shares in the company, valued at $0.28 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 08, Chief Executive Officer Cotton Stephen sold 283,758 shares of the business’s stock. A total of $218,494 was realized by selling the stock at an average price of $0.77. This leaves the insider owning 3,787,217 shares of the company worth $2.92 million. Insiders disposed of 917,946 shares of company stock worth roughly $0.71 million over the past 1 year. A total of 6.70% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AQMS stock. A new stake in Aqua Metals Inc. shares was purchased by LEVIN CAPITAL STRATEGIES, L.P. during the first quarter worth $19,000. WOLVERINE TRADING, LLC invested $8,000 in shares of AQMS during the first quarter. In the first quarter, MAPLE CAPITAL MANAGEMENT, INC. acquired a new stake in Aqua Metals Inc. valued at approximately $8,000.
Wednesday’s opening bell rang with an opening price of $0.8600 for Aqua Metals Inc. (NASDAQ: AQMS). During the past 12 months, Aqua Metals Inc. has had a low of $0.71 and a high of $2.09. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.40, and a quick ratio of 2.40.
According to the Waste Management Company, earnings per share came in at -$0.04, beating analysts’ expectations of -$0.06 by 0.02. This compares to -$0.02 EPS in the same period last year.