Aqua Metals Inc. (AQMS) Director Mark Slade Acquires 7,500 Shares of Stock
Aqua Metals Inc. (NASDAQ:AQMS) Director Mark Slade purchased 7,500 shares of the stock in a transaction on Wednesday, November 16th. The shares were purchased at an average cost of $10.00 per share, with a total value of $75,000.00. Following the transaction, the director now owns 27,500 shares in the company, valued at approximately $275,000. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Aqua Metals Inc. (NASDAQ:AQMS) traded up 0.87% during trading on Monday, hitting $12.82. The stock had a trading volume of 479,223 shares. The stock’s market cap is $199.71 million. Aqua Metals Inc. has a 12-month low of $4.50 and a 12-month high of $13.54. The stock’s 50-day moving average is $9.68 and its 200-day moving average is $9.75.
Aqua Metals (NASDAQ:AQMS) last posted its quarterly earnings data on Monday, November 7th. The company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.19) by $0.04. On average, equities research analysts expect that Aqua Metals Inc. will post ($0.80) EPS for the current year.
Several hedge funds have recently bought and sold shares of AQMS. First Republic Investment Management Inc. bought a new stake in Aqua Metals during the first quarter worth $679,000. Bank of New York Mellon Corp bought a new stake in Aqua Metals during the second quarter worth $377,000. California State Teachers Retirement System bought a new stake in Aqua Metals during the second quarter worth $265,000. EAM Investors LLC bought a new stake in Aqua Metals during the second quarter worth $1,647,000. Finally, Kayne Anderson Capital Advisors LP bought a new stake in Aqua Metals during the second quarter worth $375,000. 19.62% of the stock is currently owned by institutional investors and hedge funds.
Separately, Zacks Investment Research cut Aqua Metals from a “hold” rating to a “sell” rating in a research report on Friday, August 12th.
About Aqua Metals
Aqua Metals, Inc is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. AquaRefining process will provide for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining is a water-based ambient temperature process. The modular nature of AquaRefining makes it possible to start LAB recycling at a smaller scale than is possible with smelters.
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