Advanced Emissions Solutions, Inc. (NASDAQ:ADES – Get Rating) Director Jeremy Blank sold 154,293 shares of the business’s stock in a transaction on Thursday, March 9th. The stock was sold at an average price of $4.00, for a total transaction of $617,172.00. Following the completion of the sale, the director now directly owns 477,573 shares of the company’s stock, valued at $1,910,292. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Advanced Emissions Solutions Price Performance
ADES stock opened at $2.32 on Wednesday. The firm’s 50-day moving average price is $2.91 and its two-hundred day moving average price is $2.89. Advanced Emissions Solutions, Inc. has a 12-month low of $2.11 and a 12-month high of $6.77. The stock has a market capitalization of $44.34 million, a price-to-earnings ratio of -4.73 and a beta of 0.94. The company has a current ratio of 4.42, a quick ratio of 3.68 and a debt-to-equity ratio of 0.02.
Hedge Funds Weigh In On Advanced Emissions Solutions
Hedge funds and other institutional investors have recently modified their holdings of the stock. Virtu Financial LLC purchased a new position in shares of Advanced Emissions Solutions during the third quarter valued at about $41,000. Prelude Capital Management LLC increased its position in shares of Advanced Emissions Solutions by 30.8% during the first quarter. Prelude Capital Management LLC now owns 17,400 shares of the industrial products company’s stock valued at $108,000 after buying an additional 4,100 shares during the period. JPMorgan Chase & Co. increased its position in shares of Advanced Emissions Solutions by 24.6% during the first quarter. JPMorgan Chase & Co. now owns 17,738 shares of the industrial products company’s stock valued at $110,000 after buying an additional 3,504 shares during the period. Trexquant Investment LP boosted its stake in Advanced Emissions Solutions by 99.1% during the second quarter. Trexquant Investment LP now owns 24,607 shares of the industrial products company’s stock worth $115,000 after acquiring an additional 12,250 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in Advanced Emissions Solutions by 38.2% during the first quarter. Invesco Ltd. now owns 39,912 shares of the industrial products company’s stock worth $248,000 after acquiring an additional 11,040 shares in the last quarter. Hedge funds and other institutional investors own 35.48% of the company’s stock.
Analyst Ratings Changes
About Advanced Emissions Solutions
Advanced Emissions Solutions, Inc is a holding company. engages in the provision of environmental and emission control equipment to power generation industry. It operates through the following Segments: Refined Coal and Advanced Purification Technologies. The Refined Coal segment includes Tinuum Group, Tinuum Services, and GWN Manager.
- Get a free copy of the StockNews.com research report on Advanced Emissions Solutions (ADES)
- Monoclonal Antibodies? Avid Bioservices surges 32% on Blowout Q3
- GitLab Crashes On Guidance; Analysts Defend
- Healthcare Stocks With at Least 30 Years of Dividend Increases
- Coinbase Pops As SVB Crumbles To Dust
- Airlines Update Guidance, Shares Head For Different Destinations
Receive News & Ratings for Advanced Emissions Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Emissions Solutions and related companies with MarketBeat.com's FREE daily email newsletter.