Aqua Metals Inc (NASDAQ:AQMS) Shares Surges 2.98% In A Week – But Can It Keep Rising?

In last trading session, Aqua Metals Inc (NASDAQ:AQMS) saw 0.49 million shares changing hands with its beta currently measuring 0.99. Company’s recent per share price level of $0.20 trading at $0.01 or 4.56% at ring of the bell on the day assigns it a market valuation of $26.90M. That closing price of AQMS’s stock is at a discount of -495.0% from its 52-week high price of $1.19 and is indicating a premium of 10.0% from its 52-week low price of $0.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.58 million shares which gives us an average trading volume of 531.14K if we extend that period to 3-months.

For Aqua Metals Inc (AQMS), analysts’ consensus is at an average recommendation of Sell while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.04 in the current quarter.

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Aqua Metals Inc (NASDAQ:AQMS) trade information

Upright in the green during last session for gaining 4.56%, in the last five days AQMS remained trading in the green while hitting it’s week-highest on Monday, 09/23/24 when the stock touched $0.20 price level, adding 4.67% to its value on the day. Aqua Metals Inc’s shares saw a change of -74.05% in year-to-date performance and have moved 2.98% in past 5-day. Aqua Metals Inc (NASDAQ:AQMS) showed a performance of -14.74% in past 30-days. Number of shares sold short was 2.95 million shares which calculate 7.37 days to cover the short interests.

Aqua Metals Inc (AQMS) estimates and forecasts

Statistics highlight that Aqua Metals Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -63.35% of value to its shares in past 6 months, showing an annual growth rate of 30.00% while that of industry is 5.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 26.38% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 27.50% while estimates for its earnings growth in next 5 years are of 35.00%.

Aqua Metals Inc (NASDAQ:AQMS)’s Major holders

Insiders are in possession of 4.91% of company’s total shares while institution are holding 16.59 percent of that, with stock having share float percentage of 17.44%. Investors also watch the number of corporate investors in a company very closely, which is 16.59% institutions for Aqua Metals Inc that are currently holding shares of the company. BAIRD FINANCIAL GROUP, INC. is the top institutional holder at AQMS for having 4.7 million shares of worth $1.5 million. And as of 2024-06-30, it was holding 4.2673 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 4.21 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.8227 of outstanding shares, having a total worth of $1.35 million.