374Water Inc (NASDAQ: SCWO)’s stock price has dropped by -9.88 in relation to previous closing price of 1.62. Nevertheless, the company has seen a loss of -2.01% in its stock price over the last five trading days. Accesswire reported 2022-10-06 that DURHAM, NC / ACCESSWIRE / October 6, 2022 / 374Water Inc. (NASDAQ:SCWO), a leading global cleantech and social impact company will be presenting at upcoming investor conferences: MicroCap Rodeo’s Windy City Roundup on Wednesday, October 12, 2022, at 9:30am CT Webcast link: https://www.webcaster4.com/Webcast/Page/2924/46669 To receive additional information, request an invitation or to schedule a one-on-one meeting, please email angie.goertz@issuerdirect.com LD Micro Main Event on Tuesday, October 25, 2022, at 8:00am PT Webcast link: https://me22.mysequire.com/ For more information about the conferences or to schedule a one-on-one meeting with management, please contact your conference representative or ir@374water.com The Company’s participation follows meaningful progress in Q2 and year-to-date: 374Water and its manufacturing partner Merrell Bros.
Is It Worth Investing in 374Water Inc (NASDAQ: SCWO) Right Now?
Company’s 36-month beta value is -0.34.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SCWO is 62.70M, and currently, short sellers hold a 6.20% ratio of that floaft. The average trading volume of SCWO on May 08, 2024 was 105.28K shares.
SCWO’s Market Performance
SCWO’s stock has seen a -2.01% decrease for the week, with a 19.67% rise in the past month and a 25.86% gain in the past quarter. The volatility ratio for the week is 8.59%, and the volatility levels for the past 30 days are at 7.80% for 374Water Inc The simple moving average for the past 20 days is 8.27% for SCWO’s stock, with a 5.28% simple moving average for the past 200 days.
Analysts’ Opinion of SCWO
Many brokerage firms have already submitted their reports for SCWO stocks, with Maxim Group repeating the rating for SCWO by listing it as a “Buy.” The predicted price for SCWO in the upcoming period, according to Maxim Group is $3 based on the research report published on January 03, 2024 of the current year 2024.
SCWO Trading at 10.45% from the 50-Day Moving Average
After a stumble in the market that brought SCWO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.80% of loss for the given period.
Volatility was left at 7.80%, however, over the last 30 days, the volatility rate increased by 8.59%, as shares surge +17.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.55% upper at present.
During the last 5 trading sessions, SCWO fell by -2.01%, which changed the moving average for the period of 200-days by -20.22% in comparison to the 20-day moving average, which settled at $1.3595. In addition, 374Water Inc saw 2.82% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SCWO
Current profitability levels for the company are sitting at:
- -11.62 for the present operating margin
- -1.49 for the gross margin
The net margin for 374Water Inc stands at -10.84. The total capital return value is set at -0.59. Equity return is now at value -49.34, with -46.24 for asset returns.
Based on 374Water Inc (SCWO), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -14.23. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 226.01.
Currently, EBITDA for the company is -8.56 million with net debt to EBITDA at 1.22. When we switch over and look at the enterprise to sales, we see a ratio of 246.32. The receivables turnover for the company is 0.47for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 29.81.
Conclusion
In a nutshell, 374Water Inc (SCWO) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
