Aqua Metals (AQMS) Stock Price Up 7.2%
Aqua Metals Inc (NASDAQ:AQMS)’s share price rose 7.2% during mid-day trading on Monday . The company traded as high as $2.89 and last traded at $2.82. Approximately 653,847 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 977,711 shares. The stock had previously closed at $2.63.
AQMS has been the topic of a number of analyst reports. Zacks Investment Research cut shares of Aqua Metals from a “hold” rating to a “sell” rating in a research report on Monday, February 5th. Oppenheimer restated a “buy” rating on shares of Aqua Metals in a research report on Monday, February 12th. EuroPacific Canada restated a “buy” rating and issued a $12.00 price objective (down previously from $17.00) on shares of Aqua Metals in a research report on Friday, February 16th. HC Wainwright restated a “buy” rating and issued a $9.00 price objective on shares of Aqua Metals in a research report on Tuesday, March 6th. Finally, Eurobank EFG decreased their price objective on shares of Aqua Metals from $17.00 to $12.00 and set a “buy” rating on the stock in a research report on Wednesday, February 14th. Two research analysts have rated the stock with a sell rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $18.40.
The company has a quick ratio of 3.77, a current ratio of 4.01 and a debt-to-equity ratio of 0.19.
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.
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