ARQ (NASDAQ:ARQ – Get Free Report) issued its earnings results on Thursday. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.02), Zacks reports. ARQ had a negative net margin of 12.35% and a negative return on equity of 8.35%. The company had revenue of $21.74 million for the quarter, compared to analysts’ expectations of $23.10 million. During the same quarter in the prior year, the company earned ($0.41) earnings per share.
ARQ Stock Performance
Shares of ARQ stock traded down $0.10 on Friday, reaching $7.50. The stock had a trading volume of 138,316 shares, compared to its average volume of 230,803. The firm has a market cap of $251.03 million, a PE ratio of -15.20 and a beta of 1.38. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.90 and a current ratio of 3.75. The stock’s 50 day simple moving average is $6.37. ARQ has a 1 year low of $1.17 and a 1 year high of $8.26.
Wall Street Analyst Weigh In
Separately, TheStreet raised ARQ from a “d+” rating to a “c-” rating in a report on Wednesday, March 13th.
About ARQ
Arq, Inc produces activated carbon products in North America. The company's products include granular activated carbon, powdered and granular activated carbon, and colloidal carbon products; Arq Powder Wetcake, a fine and low-ash coal waste-derived particle; and additives for air emissions control.
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