Aqua Metals (NASDAQ:AQMS) had its target price reduced by Eurobank EFG from $17.00 to $12.00 in a research note published on Wednesday morning, Marketbeat Ratings reports. They currently have a buy rating on the business services provider’s stock.

Other research analysts have also recently issued reports about the company. Zacks Investment Research cut Aqua Metals from a hold rating to a sell rating in a research report on Monday. Oppenheimer reaffirmed a buy rating and set a $34.00 price objective on shares of Aqua Metals in a research report on Friday, November 10th. Finally, HC Wainwright reaffirmed a buy rating on shares of Aqua Metals in a research report on Friday, November 10th. Two investment analysts have rated the stock with a sell rating and seven have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $25.83.

Aqua Metals (AQMS) traded down $0.21 during mid-day trading on Wednesday, hitting $2.79. The stock had a trading volume of 3,768,700 shares, compared to its average volume of 1,042,691. Aqua Metals has a 12-month low of $1.42 and a 12-month high of $22.75. The company has a debt-to-equity ratio of 0.19, a quick ratio of 3.77 and a current ratio of 4.01.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. AWM Investment Company Inc. raised its stake in Aqua Metals by 62.4% during the 4th quarter. AWM Investment Company Inc. now owns 2,405,046 shares of the business services provider’s stock valued at $5,123,000 after purchasing an additional 923,668 shares during the period. Frontier Capital Management Co. LLC raised its stake in Aqua Metals by 15.8% during the 3rd quarter. Frontier Capital Management Co. LLC now owns 1,253,897 shares of the business services provider’s stock valued at $8,589,000 after purchasing an additional 171,305 shares during the period. Wolverine Asset Management LLC bought a new stake in Aqua Metals during the 4th quarter valued at approximately $1,887,000. Vanguard Group Inc. raised its stake in Aqua Metals by 22.4% during the 2nd quarter. Vanguard Group Inc. now owns 630,467 shares of the business services provider’s stock valued at $7,912,000 after purchasing an additional 115,233 shares during the period. Finally, Selz Capital LLC raised its stake in Aqua Metals by 402.7% during the 4th quarter. Selz Capital LLC now owns 553,000 shares of the business services provider’s stock valued at $1,178,000 after purchasing an additional 443,000 shares during the period. 29.20% of the stock is currently owned by institutional investors.

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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.

Analyst Recommendations for Aqua Metals (NASDAQ:AQMS)

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