In yesterday’s Wall Street session, Advanced Emissions Solutions Inc. (NASDAQ:ADES) shares traded at $3.06, down -1.92% from the previous session.
1 analysts cover Advanced Emissions Solutions Inc. (NASDAQ:ADES), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $15.00 and a low of $15.00, we find $15.00. Given the previous closing price of $3.12, this indicates a potential upside of 380.77 percent. ADES stock price is now 17.57% away from the 50-day moving average and -22.91% away from the 200-day moving average. The market capitalization of the company currently stands at $52.72M.
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The stock has received a hold rating from 0 analysts and a buy rating from 1. Brokers who have rated the stock have averaged $15.00 as their price target over the next twelve months.
With the price target of $18, Rodman & Renshaw recently initiated with Buy rating for Advanced Emissions Solutions Inc. (NASDAQ: ADES). .
Insiders disposed of 9,185 shares of company stock worth roughly $28106.100000000002 over the past 1 year. A total of 0.90% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ADES stock. A new stake in Advanced Emissions Solutions Inc. shares was purchased by VIRTU FINANCIAL LLC during the first quarter worth $46,000. MAN GROUP PLC invested $43,000 in shares of ADES during the first quarter. In the first quarter, CLEAR STREET MARKETS LLC acquired a new stake in Advanced Emissions Solutions Inc. valued at approximately $4,000. SIMPLEX TRADING, LLC acquired a new stake in ADES for approximately $2,000. In total, there are 77 active investors with 36.50% ownership of the company’s stock.
On Wednesday morning Advanced Emissions Solutions Inc. (NASDAQ: ADES) stock kicked off with the opening price of $3.1500. During the past 12 months, Advanced Emissions Solutions Inc. has had a low of $2.11 and a high of $6.77. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 4.50, and a quick ratio of 3.90. The fifty day moving average price for ADES is $2.6028 and a two-hundred day moving average price translates $3.9697 for the stock.
The latest earnings results from Advanced Emissions Solutions Inc. (NASDAQ: ADES) was released for Jun, 2022. According to the Pollution & Treatment Controls Company, earnings per share came in at -$0.11, missing analysts’ expectations of $0.62 by -0.73. This compares to $1.31 EPS in the same period last year. The net profit margin was 0.10% and return on equity was 0.00% for ADES. The company reported revenue of $28.44 million for the quarter, compared to $30.86 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.85 percent. For the current quarter, analysts expect ADES to generate $11.48M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 03/10/2020. Investors who held shares on 02/21/2020 were paid a $0.25 dividend.
Advanced Emissions Solutions Inc.(ADES) Company Profile
Advanced Emissions Solutions, Inc., together with its subsidiaries, provides environmental technologies and specialty chemicals in the United States. It operates through two segments, Refined Coal and Advanced Purification Technologies. The company offers CyClean technology, a pre-combustion coal treatment process to enhance combustion, as well as to reduce emissions of nitrogen oxide and mercury from coals burned in cyclone boilers; and M-45 and M-45-PC technologies, which are pre-combustion coal treatment technologies used to control emissions from circulating fluidized bed boilers and pulverized coal boilers. It also provides mercury and other air contaminants controls; and activated carbon products, such as powdered activated carbon and granular activated carbon, as well as owns an associated lignite mine that supplies the raw material for the powdered activated carbon plant. The company’s products are used in removal of heavy metal pollutants; treatment of drinking and waste waters; industrial acid gas and odor removal; automotive gasoline emission control; soil and ground water remediation; and food and beverage process and product purifications. It serves customers in the coal-fired power generation and industrial boiler processes. Advanced Emissions Solutions, Inc. was founded in 1996 and is headquartered in Greenwood Village, Colorado.
