Oppenheimer raised the price target for the Aqua Metals Inc. (NASDAQ:AQMS) stock from “an Outperform” to “a Perform”. The rating was released on August 10, 2023, according to finviz.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Aqua Metals Inc. (NASDAQ:AQMS) dipped -0.89% to close Friday’s market session at $1.11, lower as compared to yesterday’s close. The stock price fluctuated between $1.10 and $1.15 throughout the trading session with the volume trading being 603124 shares, which represented a significant variation when compared to the three months average volume of 738.99K shares. The firm’s stock price fluctuated 4.72% within the last five trades and -0.89% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 3.74% in the last 6 months and 0.91% was added to its value over the previous 3 months. AQMS stock is trading at a margin of 2.83%, -8.44% and 0.90% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, AQMS deals in the Industrials domain. The stock is trading -37.11 percent below its 52-week high and 122.00 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -26.2. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Aqua Metals Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $115.60 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The firm managed a Price-to-Book ratio of 5.84, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 6.70 percent of Aqua Metals Inc. shares are owned by insiders, and 18.70 percent are held by financial institutions. SMITH EDWARD J, the Director at Aqua Metals Inc. (AQMS) has bought 90,500 shares of firm on Jul 19 at a price of $1.10 against the total amount of $99550.0. In another inside trade, Zhang Peifang, Director of Aqua Metals Inc. (NASDAQ:AQMS) bought 72,900 shares of the firm on Jul 19 for a total worth of $80190.0 at a price of $1.10. An inside trade which took place on Jul 19, Director of Aqua Metals Inc. DIVITO VINCENT L bought 9,000 shares of firm against total price of $9900.0 at the cost of $1.10 per share.