During the last session, Aqua Metals, Inc. (NASDAQ:AQMS)’s traded shares were 1,692,416, with the beta value of the company hitting 1.64. At the end of the trading day, the stock’s price was $3.81, reflecting an intraday loss of -4.75% or -$0.19. The 52-week high for the AQMS share is $8.06, that puts it down -111.55% from that peak though still a striking +90.03% gain since the share price plummeted to a 52-week low of $0.38. The company’s market capitalization is $268.56 Million, and the average intraday trading volume over the past 10 days was 1.71 Million shares, and the average trade volume was 4.25 Million shares over the past three months.
Aqua Metals, Inc. (AQMS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.5. AQMS has a Sell rating from none of the analyst(s) out of 2 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 2 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.06.
Aqua Metals, Inc. (NASDAQ:AQMS): Trading Information
Aqua Metals, Inc. (AQMS) registered a -4.75% downside in the last session and has traded in the red over the past 5 sessions. The stock spiked 11.35% in intraday trading to $4.30- this Thursday, Apr 01, hitting a weekly high. The stock’s 5-day price performance is -5.46%, and it has moved by -3.42% in 30 days. Despite these dips, the overall price performance for the year is 27%. The short interest in Aqua Metals, Inc. (NASDAQ:AQMS) is 4.29 Million shares and it means that shorts have 1.01 day(s) to cover.
The consensus price target of analysts on Wall Street is $7.5, which implies an increase of 96.85% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $8 respectively. As a result, AQMS is trading at a discount of 109.97% off the target high and 83.73% off the low.
Aqua Metals, Inc. (AQMS) projections and forecasts
Statistics show that Aqua Metals, Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Aqua Metals, Inc. (AQMS) shares have gone up +305.32% during the last six months, with a year-to-date growth rate less than the industry average at -4.55% against 16.2%. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 14.3% this quarter and then jump 14.3% in the quarter after that. In the rating firms’ projections, revenue will increase 1835.2% compared to the previous financial year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 22%. While earnings are projected to return 50.6% in 2021, the next five years will return 35% per annum.
Aqua Metals, Inc. (NASDAQ:AQMS)’s Biggest Investors
Aqua Metals, Inc. insiders own 2.77% of total outstanding shares while institutional holders control 18.35%, with the float percentage being 18.87%. Cannell Capital LLC is the largest shareholder of the company, while 50 institutions own stock in it. As of Dec 30, 2020, the company held over 2.72 Million shares (or 4.05% of all shares), a total value of $8.15 Million in shares.
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The next largest institutional holding, with 2.33 Million shares, is of Vanguard Group, Inc. (The)’s that is approximately 3.47% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $6.99 Million.
Also, the Mutual Funds coming in first place with the largest holdings of Aqua Metals, Inc. (AQMS) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Dec 30, 2020 indicates that Vanguard Total Stock Market Index Fund owns about 1,242,828 shares. This amounts to just over 1.85 percent of the company’s overall shares, with a $3.73 Million market value. The same data shows that the other fund manager holds slightly less at 938.16 Thousand, or about 1.4% of the stock, which is worth about $2.81 Million.