AquaBounty Technologies Inc (NASDAQ:AQB)’s traded shares stood at 0.59 million during the last session, with the company’s beta value hitting 1.17. At the close of trading, the stock’s price was $0.79, to imply a decrease of -0.41% or -$0.01 in intraday trading. The AQB share’s 52-week high remains $2.79, putting it -253.16% down since that peak but still an impressive 40.51% since price per share fell to its 52-week low of $0.47. The company has a valuation of $3.07M, with an average of 0.43 million shares in intraday trading volume over the past 10 days and average of 465.69K shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for AquaBounty Technologies Inc (AQB), translating to a mean rating of 3.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give AQB a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.62.
AquaBounty Technologies Inc (NASDAQ:AQB) trade information
After registering a -0.41% downside in the last session, AquaBounty Technologies Inc (AQB) has traded red over the past five days. The 5-day price performance for the stock is 3.06%, and 36.99% over 30 days. With these gigs, the year-to-date price performance is 26.87%. Short interest in AquaBounty Technologies Inc (NASDAQ:AQB) saw shorts transact 0.42 million shares and set a 0.37 days time to cover.
The extremes give us $2 and $4 for target low and target high price respectively. As such, AQB has been trading -406.33% off suggested target high and -153.16% from its likely low.
AquaBounty Technologies Inc (AQB) estimates and forecasts
The rating firms project that company’s revenue will shrink -63.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 200k. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 200k.Earnings reports from the last fiscal year show that sales brought in 553.25k and 477.27k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -63.85% before dropping -58.09% in the following quarter.
AQB Dividends
AquaBounty Technologies Inc has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
AquaBounty Technologies Inc (NASDAQ:AQB)’s Major holders
AquaBounty Technologies Inc insiders hold 1.86% of total outstanding shares, with institutional holders owning 10.01% of the shares at 10.20% float percentage. In total, 10.01% institutions holds shares in the company.
We also have Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the AquaBounty Technologies Inc (AQB) shares. Going by data provided on Sep 30, 2024 , Vanguard Extended Market Index Fund holds roughly 34.02 shares. This is just over 0.88% of the total shares, with a market valuation of $27035.0. Data from the same date shows that the other fund manager holds a little less at 20.04, or 0.52% of the shares, all valued at about 15926.0.
