Aqua Metals (AQMS) Trading Down 14.7%

Aqua Metals Inc (NASDAQ:AQMS) shares were down 14.7% on Monday . The company traded as low as $2.88 and last traded at $2.95. Approximately 2,510,773 shares were traded during mid-day trading, an increase of 234% from the average daily volume of 752,140 shares. The stock had previously closed at $3.46.

Several research analysts have recently commented on AQMS shares. ValuEngine upgraded Aqua Metals from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. Zacks Investment Research upgraded Aqua Metals from a “hold” rating to a “buy” rating and set a $2.00 target price for the company in a research note on Thursday, January 3rd.

The company has a quick ratio of 1.86, a current ratio of 1.93 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $153.49 million, a P/E ratio of -2.50 and a beta of 0.94.

In other news, Director Gayle J. Gibson purchased 7,782 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The stock was acquired at an average cost of $3.95 per share, with a total value of $30,738.90. Following the acquisition, the director now owns 7,782 shares in the company, valued at approximately $30,738.90. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Stephen Cotton purchased 15,000 shares of the company’s stock in a transaction that occurred on Thursday, January 17th. The shares were purchased at an average cost of $1.90 per share, with a total value of $28,500.00. The disclosure for this purchase can be found here. Insiders have bought a total of 27,782 shares of company stock valued at $68,739 over the last quarter. 2.00% of the stock is currently owned by corporate insiders.

Large investors have recently added to or reduced their stakes in the stock. Caption Management LLC lifted its holdings in Aqua Metals by 372.9% during the 4th quarter. Caption Management LLC now owns 27,900 shares of the business services provider’s stock worth $51,000 after purchasing an additional 22,000 shares during the last quarter. GSA Capital Partners LLP lifted its holdings in Aqua Metals by 192.3% during the 4th quarter. GSA Capital Partners LLP now owns 30,476 shares of the business services provider’s stock worth $55,000 after purchasing an additional 20,050 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Aqua Metals by 112.4% during the 4th quarter. Bank of New York Mellon Corp now owns 32,502 shares of the business services provider’s stock worth $59,000 after purchasing an additional 17,203 shares during the last quarter. Advisor Group Inc. lifted its holdings in Aqua Metals by 283.5% during the 4th quarter. Advisor Group Inc. now owns 46,400 shares of the business services provider’s stock worth $84,000 after purchasing an additional 34,300 shares during the last quarter. Finally, Cetera Advisor Networks LLC lifted its holdings in Aqua Metals by 64.5% during the 4th quarter. Cetera Advisor Networks LLC now owns 51,000 shares of the business services provider’s stock worth $93,000 after purchasing an additional 20,000 shares during the last quarter. 21.98% of the stock is owned by institutional investors and hedge funds.

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Aqua Metals Company Profile (NASDAQ:AQMS)

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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