Oppenheimer has recently reduced Aqua Metals Inc (AQMS) stock to Perform rating, as announced on August 10, 2023, according to Finviz. Earlier, on March 5, 2021, H.C. Wainwright had initiated the stock to Buy, setting a price target of $8. Alliance Global Partners also reduced Neutral rating. Additionally, Euro Pacific Capital reiterated Buy rating on February 14, 2018, with a target price of $12. Rodman & Renshaw analysts, in their report published on June 22, 2017, also initiated Buy rating and set a price target of $25 for Aqua Metals Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Aqua Metals Inc (AQMS) Stock Trading Recap
On Monday, Aqua Metals Inc (AQMS) stock saw a modest uptick, ending the day at $0.17 which represents no change from the prior close of of $0.17. The stock opened at $0.17 and touched a low of $0.16 during the day, reaching a high of $0.17. The volume of shares traded was 0.77 million exceeding the average volume of 0.59 million.
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AQMS Stock Performance and Moving Averages
In recent trading, Aqua Metals Inc (AQMS) stock price has shown some volatility, fluctuating 6.29% over the last five trades and -11.80% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -65.46%, and it has plunged by -48.36% in the previous three months. Currently, AQMS is trading at 0.63%, -14.84%, and -57.73% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, AQMS, a Industrials sector stock, is trading -83.28% below its 52-week high but remains 19.79% above its 52-week low. The Average True Range (ATR) (14 days) of 0.02 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Aqua Metals Inc’s Profitability and Valuation Ratios
Aqua Metals Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of -88876.00% and a profit margin of -105900.00%, with a gross margin of -65.46%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Aqua Metals Inc’s market capitalization stands at $23.04 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 767.93, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.9, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 4.98% of Aqua Metals Inc (AQMS)’s shares, while financial institutions hold 13.62%.
