Aqua Metals (NASDAQ:AQMS) Stock Price Crosses Below Fifty Day Moving Average of $0.91

Aqua Metals, Inc. (NASDAQ:AQMSGet Rating) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.91 and traded as low as $0.88. Aqua Metals shares last traded at $0.90, with a volume of 219,568 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Aqua Metals to a “sell” rating in a research note on Thursday, July 7th.

Aqua Metals Price Performance

The firm has a 50 day simple moving average of $0.91 and a two-hundred day simple moving average of $1.00. The stock has a market cap of $69.26 million, a price-to-earnings ratio of -5.00 and a beta of 1.38.

Aqua Metals (NASDAQ:AQMSGet Rating) last released its earnings results on Thursday, July 21st. The business services provider reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.02. During the same period last year, the business posted ($0.06) earnings per share. On average, sell-side analysts expect that Aqua Metals, Inc. will post -0.2 earnings per share for the current fiscal year.

Insider Transactions at Aqua Metals

In other news, CEO Stephen Cotton sold 283,758 shares of the firm’s stock in a transaction dated Friday, July 8th. The stock was sold at an average price of $0.77, for a total transaction of $218,493.66. Following the sale, the chief executive officer now owns 3,787,217 shares of the company’s stock, valued at $2,916,157.09. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CEO Stephen Cotton sold 283,758 shares of the firm’s stock in a transaction dated Friday, July 8th. The stock was sold at an average price of $0.77, for a total transaction of $218,493.66. Following the sale, the chief executive officer now owns 3,787,217 shares of the company’s stock, valued at $2,916,157.09. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Benjamin S. Taecker sold 49,556 shares of the firm’s stock in a transaction dated Friday, July 8th. The stock was sold at an average price of $0.77, for a total value of $38,158.12. Following the sale, the insider now directly owns 365,091 shares in the company, valued at approximately $281,120.07. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of AQMS. Baird Financial Group Inc. grew its holdings in shares of Aqua Metals by 11.3% during the first quarter. Baird Financial Group Inc. now owns 3,784,878 shares of the business services provider’s stock worth $5,715,000 after buying an additional 384,871 shares in the last quarter. Ieq Capital LLC grew its holdings in shares of Aqua Metals by 22.7% during the first quarter. Ieq Capital LLC now owns 1,822,044 shares of the business services provider’s stock worth $2,751,000 after buying an additional 336,840 shares in the last quarter. BNP Paribas Arbitrage SA bought a new position in shares of Aqua Metals during the fourth quarter worth about $260,000. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Aqua Metals by 57.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 470,015 shares of the business services provider’s stock worth $710,000 after buying an additional 172,300 shares in the last quarter. Finally, Titleist Asset Management LTD. grew its holdings in shares of Aqua Metals by 81.3% during the first quarter. Titleist Asset Management LTD. now owns 150,037 shares of the business services provider’s stock worth $227,000 after buying an additional 67,297 shares in the last quarter. 15.62% of the stock is currently owned by institutional investors.

About Aqua Metals

(Get Rating)

Aqua Metals, Inc engages in the recycling of lead primarily in the United States. It produces and sells hard lead, lead compounds, and plastics. Aqua Metals, Inc was incorporated in 2014 and is headquartered in Reno, Nevada.

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