In the past week, AQMS stock has gone up by 48.42%, with a monthly gain of 47.64% and a quarterly plunge of -13.76%. The volatility ratio for the week is 13.06%, and the volatility levels for the last 30 days are 7.60% for Aqua Metals Inc The simple moving average for the past 20 days is 41.96% for AQMS’s stock, with a -21.58% simple moving average for the past 200 days.
Is It Worth Investing in Aqua Metals Inc (NASDAQ: AQMS) Right Now?
The stock has a 36-month beta value of 1.07. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AQMS is 91.46M, and at present, short sellers hold a 4.77% of that float. On April 02, 2024, the average trading volume of AQMS was 444.53K shares.
AQMS) stock’s latest price update
The stock price of Aqua Metals Inc (NASDAQ: AQMS) has jumped by 31.45 compared to previous close of 0.54. Despite this, the company has seen a gain of 48.42% in its stock price over the last five trading days. GlobeNewsWire reported 2024-03-28 that RENO, Nev., March 28, 2024 (GLOBE NEWSWIRE) — Aqua Metals, Inc. (NASDAQ: AQMS), a pioneer in sustainable lithium-ion battery recycling, today announced that Steve Cotton, President & Chief Executive Officer, and Judd Merrill, Chief Financial Officer, will participate in the following investor conferences during April 2024.
Analysts’ Opinion of AQMS
H.C. Wainwright, on the other hand, stated in their research note that they expect to see AQMS reach a price target of $8. The rating they have provided for AQMS stocks is “Buy” according to the report published on March 05th, 2021.
AQMS Trading at 31.14% from the 50-Day Moving Average
After a stumble in the market that brought AQMS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -59.93% of loss for the given period.
Volatility was left at 7.60%, however, over the last 30 days, the volatility rate increased by 13.06%, as shares surge +44.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.42% upper at present.
During the last 5 trading sessions, AQMS rose by +48.42%, which changed the moving average for the period of 200-days by -39.03% in comparison to the 20-day moving average, which settled at $0.5090. In addition, Aqua Metals Inc saw -6.95% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AQMS starting from DIVITO VINCENT L, who purchase 5,000 shares at the price of $0.89 back on Nov 17 ’23. After this action, DIVITO VINCENT L now owns 339,590 shares of Aqua Metals Inc, valued at $4,450 using the latest closing price.
SMITH EDWARD J, the Director of Aqua Metals Inc, purchase 90,500 shares at $1.10 during a trade that took place back on Jul 19 ’23, which means that SMITH EDWARD J is holding 309,050 shares at $99,550 based on the most recent closing price.
Stock Fundamentals for AQMS
Current profitability levels for the company are sitting at:
- -19636.0 for the present operating margin
- -6281.0 for the gross margin
The net margin for Aqua Metals Inc stands at -23918.0. The total capital return value is set at -0.68. Equity return is now at value -101.91, with -71.35 for asset returns.
Based on Aqua Metals Inc (AQMS), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at -0.99. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is -43.93.
Currently, EBITDA for the company is -18.36 million with net debt to EBITDA at 0.73. When we switch over and look at the enterprise to sales, we see a ratio of 62954.94. The receivables turnover for the company is 0.0for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.97.
Conclusion
To sum up, Aqua Metals Inc (AQMS) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
