Should You Invest In 374Water Inc (NASDAQ: SCWO) In 2024?

In the last trading session, 66394.0 374Water Inc (NASDAQ:SCWO) shares changed hands as the company’s beta touched -0.48. With the company’s per share price at $0.72 changed hands at -$0.01 or -1.56% during last session, the market valuation stood at $101.65M. SCWO’s last price was a discount, traded about -190.28% off its 52-week high of $2.09. The share price had its 52-week low at $0.71, which suggests the last value was 1.39% up since then. When we look at 374Water Inc’s average trading volume, we note the 10-day average is 0.25 million shares, with the 3-month average coming to 185.46K.

374Water Inc (NASDAQ:SCWO) trade information

Instantly SCWO was in red as seen at the end of in last trading. With action -11.11%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -49.92%, with the 5-day performance at -11.11% in the red. However, in the 30-day time frame, 374Water Inc (NASDAQ:SCWO) is -29.59% down. Looking at the short shares, we see there were 3.85 million shares sold at short interest cover period of 32.76 days.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -23.79%. The 2024 estimates are for 374Water Inc earnings to decrease by -33.33%.

SCWO Dividends

374Water Inc is expected to release its next quarterly earnings report in January.

374Water Inc (NASDAQ:SCWO)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 51.14% of 374Water Inc shares while 13.59% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 27.82%. There are 13.59% institutions holding the 374Water Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 2.8858% of the shares, roughly 3.83 million SCWO shares worth $4.59 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 2.575% or 3.42 million shares worth $4.1 million as of 2024-06-30.