National Securities Reaffirms Buy Rating for Aqua Metals (AQMS)

National Securities reiterated their buy rating on shares of Aqua Metals (NASDAQ:AQMS) in a research report released on Friday morning, AnalystRatings.com reports. They currently have a $10.00 target price on the business services provider’s stock.

Several other analysts also recently weighed in on the company. ValuEngine downgraded Aqua Metals from a hold rating to a sell rating in a research report on Friday, May 3rd. Zacks Investment Research upgraded Aqua Metals from a sell rating to a hold rating in a research report on Wednesday, May 1st.

Shares of AQMS stock opened at $2.05 on Friday. The company has a quick ratio of 1.86, a current ratio of 1.93 and a debt-to-equity ratio of 0.17. Aqua Metals has a fifty-two week low of $1.47 and a fifty-two week high of $4.33. The company has a market capitalization of $92.63 million, a price-to-earnings ratio of -1.74 and a beta of 0.83.



Aqua Metals (NASDAQ:AQMS) last announced its quarterly earnings data on Thursday, February 28th. The business services provider reported ($0.35) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.19) by ($0.16). Aqua Metals had a negative net margin of 904.79% and a negative return on equity of 67.55%. The company had revenue of $1.07 million during the quarter, compared to the consensus estimate of $0.90 million. On average, equities analysts predict that Aqua Metals will post -0.35 EPS for the current year.

In other Aqua Metals news, Director Gayle J. Gibson bought 7,782 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The stock was bought at an average price of $3.95 per share, for a total transaction of $30,738.90. Following the completion of the acquisition, the director now directly owns 7,782 shares in the company, valued at $30,738.90. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.00% of the stock is owned by corporate insiders.

Several institutional investors have recently made changes to their positions in AQMS. BlackRock Inc. raised its holdings in shares of Aqua Metals by 13.8% during the third quarter. BlackRock Inc. now owns 234,552 shares of the business services provider’s stock valued at $605,000 after acquiring an additional 28,428 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Aqua Metals by 21.0% during the third quarter. Vanguard Group Inc. now owns 1,276,325 shares of the business services provider’s stock valued at $3,293,000 after acquiring an additional 221,425 shares in the last quarter. Vanguard Group Inc raised its holdings in shares of Aqua Metals by 21.0% during the third quarter. Vanguard Group Inc now owns 1,276,325 shares of the business services provider’s stock valued at $3,293,000 after acquiring an additional 221,425 shares in the last quarter. Caption Management LLC raised its holdings in shares of Aqua Metals by 372.9% during the fourth quarter. Caption Management LLC now owns 27,900 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 22,000 shares in the last quarter. Finally, Levin Capital Strategies L.P. bought a new position in shares of Aqua Metals during the fourth quarter valued at approximately $133,000. Institutional investors own 23.93% of the company’s stock.

Aqua Metals Company Profile

Aqua Metals, Inc engages in the recycling of lead primarily in the United States. It produces and sells hard lead, lead compounds, and plastics. The company was founded in 2014 and is headquartered in McCarran, Nevada.

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