AquaBounty Technologies, Inc. (NASDAQ:AQB – Get Rating) – Investment analysts at HC Wainwright issued their Q1 2023 earnings per share (EPS) estimates for shares of AquaBounty Technologies in a research report issued to clients and investors on Wednesday, March 8th. HC Wainwright analyst K. Dede expects that the company will post earnings per share of ($0.08) for the quarter. HC Wainwright currently has a “Buy” rating and a $4.50 target price on the stock. The consensus estimate for AquaBounty Technologies’ current full-year earnings is ($0.38) per share. HC Wainwright also issued estimates for AquaBounty Technologies’ Q2 2023 earnings at ($0.08) EPS, Q3 2023 earnings at ($0.08) EPS and Q4 2023 earnings at ($0.07) EPS.
AquaBounty Technologies Trading Down 4.3 %
NASDAQ AQB opened at $0.63 on Friday. The firm has a market capitalization of $44.47 million, a PE ratio of -1.95 and a beta of 1.33. The company has a current ratio of 6.87, a quick ratio of 7.68 and a debt-to-equity ratio of 0.03. The business’s 50-day moving average price is $0.88 and its two-hundred day moving average price is $0.82. AquaBounty Technologies has a 12 month low of $0.58 and a 12 month high of $2.37.
Institutional Investors Weigh In On AquaBounty Technologies
A number of large investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers bought a new position in AquaBounty Technologies in the 2nd quarter worth about $30,000. Jane Street Group LLC acquired a new stake in shares of AquaBounty Technologies in the second quarter valued at about $31,000. AQR Capital Management LLC boosted its position in AquaBounty Technologies by 92.0% during the second quarter. AQR Capital Management LLC now owns 91,620 shares of the company’s stock worth $157,000 after acquiring an additional 43,900 shares during the last quarter. Dimensional Fund Advisors LP acquired a new position in AquaBounty Technologies in the 1st quarter valued at about $169,000. Finally, Bank of Montreal Can acquired a new position in AquaBounty Technologies in the 2nd quarter valued at about $179,000. Institutional investors own 29.06% of the company’s stock.
AquaBounty Technologies Company Profile
AquaBounty Technologies, Inc engages in the provision of land-based aquaculture services. It includes farming of aquatic organisms such as fish, shellfish, crustaceans, and aquatic plants. The firm focuses on a salmon product, a bioengineered Atlantic salmon that can grow to market size faster than conventional farmed Atlantic salmon.
- Get a free copy of the StockNews.com research report on AquaBounty Technologies (AQB)
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