Frontier Capital Management Co. LLC increased its position in Aqua Metals, Inc. (NASDAQ:AQMS) by 15.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,253,897 shares of the business services provider’s stock after buying an additional 171,305 shares during the quarter. Frontier Capital Management Co. LLC owned about 6.22% of Aqua Metals worth $8,589,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of AQMS. American International Group Inc. raised its position in Aqua Metals by 8.1% in the first quarter. American International Group Inc. now owns 6,678 shares of the business services provider’s stock valued at $130,000 after purchasing an additional 499 shares during the period. First Mercantile Trust Co. purchased a new position in Aqua Metals in the second quarter valued at about $126,000. Janus Henderson Group PLC purchased a new position in Aqua Metals in the second quarter valued at about $149,000. Sigma Planning Corp purchased a new position in Aqua Metals in the second quarter valued at about $150,000. Finally, Virtu KCG Holdings LLC purchased a new position in Aqua Metals in the second quarter valued at about $160,000. 44.12% of the stock is currently owned by institutional investors and hedge funds.

Shares of Aqua Metals, Inc. (NASDAQ AQMS) opened at $3.84 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 6.68 and a current ratio of 6.97. Aqua Metals, Inc. has a 52 week low of $3.53 and a 52 week high of $22.75.

Aqua Metals (NASDAQ:AQMS) last posted its quarterly earnings results on Wednesday, August 9th. The business services provider reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.10). The firm had revenue of $0.60 million for the quarter, compared to analyst estimates of $1.23 million. equities research analysts anticipate that Aqua Metals, Inc. will post -1.12 earnings per share for the current fiscal year.

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Several research firms have commented on AQMS. Zacks Investment Research raised Aqua Metals from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. HC Wainwright reissued a “buy” rating and issued a $25.00 price objective on shares of Aqua Metals in a research report on Monday, August 14th. Finally, ValuEngine downgraded Aqua Metals from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $28.60.

About Aqua Metals

Aqua Metals, Inc is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. The Company’s AquaRefining process focuses on providing for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining uses bio-degradable aqueous solvent and an ambient temperature electro-chemical process to produce lead.

Institutional Ownership by Quarter for Aqua Metals (NASDAQ:AQMS)

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