The stock of Aqua Metals Inc (AQMS) has gone up by 25.65% for the week, with a 23.67% rise in the past month and a -2.10% drop in the past quarter. The volatility ratio for the week is 14.49%, and the volatility levels for the past 30 days are 7.82% for AQMS. The simple moving average for the past 20 days is 28.47% for AQMS’s stock, with a -24.24% simple moving average for the past 200 days.
Is It Worth Investing in Aqua Metals Inc (NASDAQ: AQMS) Right Now?
AQMS has 36-month beta value of 1.07. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AQMS is 94.97M, and currently, short sellers hold a 4.59% ratio of that float. The average trading volume of AQMS on April 08, 2024 was 452.75K shares.
AQMS) stock’s latest price update
Aqua Metals Inc (NASDAQ: AQMS)’s stock price has soared by 9.54 in relation to previous closing price of 0.62. Nevertheless, the company has seen a gain of 25.65% 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 24.63% 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 -61.70% of loss for the given period.
Volatility was left at 7.82%, however, over the last 30 days, the volatility rate increased by 14.49%, as shares surge +29.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.93% upper at present.
During the last 5 trading sessions, AQMS rose by +25.65%, which changed the moving average for the period of 200-days by -39.64% in comparison to the 20-day moving average, which settled at $0.5339. In addition, Aqua Metals Inc saw -11.05% 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 62391.9. 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 put it simply, Aqua Metals Inc (AQMS) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
