Advanced Emissions Solutions (NASDAQ:ADES) Rating Lowered to D+ at TheStreet

Advanced Emissions Solutions (NASDAQ:ADES) was downgraded by research analysts at TheStreet from a “c-” rating to a “d+” rating in a report released on Tuesday, TheStreetRatingsTable reports.

ADES opened at $5.46 on Tuesday. Advanced Emissions Solutions has a 12-month low of $3.52 and a 12-month high of $8.00. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.40 and a quick ratio of 1.14. The stock has a market capitalization of $101.11 million, a PE ratio of -8.27 and a beta of 0.88. The firm’s fifty day moving average price is $5.72 and its 200 day moving average price is $5.28.

Advanced Emissions Solutions (NASDAQ:ADES) last released its quarterly earnings results on Wednesday, March 10th. The industrial products company reported $0.02 EPS for the quarter. Advanced Emissions Solutions had a negative net margin of 19.63% and a positive return on equity of 15.49%. The company had revenue of $18.36 million for the quarter.

A number of hedge funds have recently made changes to their positions in the stock. Wells Fargo & Company MN boosted its position in shares of Advanced Emissions Solutions by 52.7% in the 3rd quarter. Wells Fargo & Company MN now owns 68,500 shares of the industrial products company’s stock worth $278,000 after purchasing an additional 23,635 shares during the last quarter. Morgan Stanley raised its stake in Advanced Emissions Solutions by 242.6% in the third quarter. Morgan Stanley now owns 156,016 shares of the industrial products company’s stock valued at $634,000 after buying an additional 110,479 shares during the period. Schonfeld Strategic Advisors LLC bought a new position in Advanced Emissions Solutions in the 3rd quarter valued at about $157,000. Apollo Management Holdings L.P. boosted its position in shares of Advanced Emissions Solutions by 11.8% in the third quarter. Apollo Management Holdings L.P. now owns 1,791,966 shares of the industrial products company’s stock valued at $7,275,000 after acquiring an additional 189,000 shares during the period. Finally, BlackRock Inc. increased its stake in Advanced Emissions Solutions by 4.3% during the 4th quarter. BlackRock Inc. now owns 1,210,360 shares of the industrial products company’s stock worth $6,657,000 after acquiring an additional 50,254 shares during the period. 61.13% of the stock is owned by hedge funds and other institutional investors.

Advanced Emissions Solutions Company Profile

Advanced Emissions Solutions, Inc, together with its subsidiaries, provides emission reduction technologies and specialty chemicals in the United States. It operates through two segments, Refined Coal; and Power Generation and Industrials. The company offers CyClean technology, a pre-combustion coal treatment process to enhance combustion, as well as to reduce emissions of nitrogen oxide and mercury from coals burned in cyclone boilers; and M-45 and M-45-PC technologies, which are pre-combustion coal treatment technologies used to control emissions from circulating fluidized bed boilers and pulverized coal boilers.

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