Aqua Metals (AQMS) Sees Unusually-High Trading Volume
Aqua Metals Inc (NASDAQ:AQMS) shares saw an uptick in trading volume on Monday . 4,270,278 shares changed hands during mid-day trading, an increase of 711% from the previous session’s volume of 526,310 shares.The stock last traded at $2.20 and had previously closed at $1.62.
A number of research firms recently commented on AQMS. HC Wainwright reiterated a “buy” rating on shares of Aqua Metals in a report on Friday, November 10th. Zacks Investment Research upgraded Aqua Metals from a “sell” rating to a “hold” rating in a report on Wednesday, December 13th. Oppenheimer reiterated a “buy” rating on shares of Aqua Metals in a report on Monday. Finally, Eurobank EFG decreased their price objective on Aqua Metals from $17.00 to $12.00 and set a “buy” rating on the stock in a report on Wednesday. Two research analysts have rated the stock with a sell rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $25.83.
The firm has a market capitalization of $60.61, a price-to-earnings ratio of -2.33 and a beta of 0.70. The company has a debt-to-equity ratio of 0.19, a quick ratio of 3.77 and a current ratio of 4.01.
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Aqua Metals Company Profile
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.
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