How Is Aqua Metals Inc.(NASDAQ: AQMS) Is Expected To Perform In The Next Few Months?

Aqua Metals Inc (NASDAQ:AQMS) has a beta value of 1.02 and has seen 7.91 million shares traded in the last trading session. The company, currently valued at $17.10M, closed the last trade at $0.14 per share which meant it lost -$0.01 on the day or -8.87% during that session. The AQMS stock price is -607.14% off its 52-week high price of $0.99 and 0.0% above the 52-week low of $0.14. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.17 million shares traded. The 3-month trading volume is 666.42K shares.

The consensus among analysts is that Aqua Metals Inc (AQMS) is Sell stock at the moment, with a recommendation rating of 1.00. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.04.

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Aqua Metals Inc (NASDAQ:AQMS) trade information

Sporting -8.87% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the AQMS stock price touched $0.14 or saw a rise of 15.15%. Year-to-date, Aqua Metals Inc shares have moved -81.89%, while the 5-day performance has seen it change -11.17%. Over the past 30 days, the shares of Aqua Metals Inc (NASDAQ:AQMS) have changed -19.01%. Short interest in the company has seen 3.81 million shares shorted with days to cover at 5.52.

Aqua Metals Inc (AQMS) estimates and forecasts

Figures show that Aqua Metals Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -70.60% over the past 6 months, with this year growth rate of 30.00%, compared to 10.00% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 26.38% over the past 5 years. Earnings growth for 2024 is a modest 27.50% while over the next 5 years, the company’s earnings are expected to increase by 35.00%.

AQMS Dividends

Aqua Metals Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 8.25% of the company shares, while shares held by institutions stand at 16.51% with a share float percentage of 18.00%. Investors are also buoyed by the number of investors in a company, with Aqua Metals Inc having a total of 68.0 institutions that hold shares in the company. The top two institutional holders are BAIRD FINANCIAL GROUP, INC. with over 4.7 million shares worth more than $1.5 million. As of 2024-06-30, BAIRD FINANCIAL GROUP, INC. held 4.2673% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 4.21 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.35 million and represent 3.8227% of shares outstanding.