Advanced Emissions Solutions, Inc. (NASDAQ:ADES – Get Free Report) CTO Joseph M. Wong acquired 55,000 shares of the stock in a transaction dated Thursday, November 16th. The shares were bought at an average cost of $2.44 per share, with a total value of $134,200.00. Following the completion of the transaction, the chief technology officer now owns 161,913 shares of the company’s stock, valued at approximately $395,067.72. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Advanced Emissions Solutions Price Performance
Shares of ADES stock remained flat at $2.50 during trading hours on Monday. The stock had a trading volume of 97,497 shares, compared to its average volume of 107,297. Advanced Emissions Solutions, Inc. has a one year low of $1.17 and a one year high of $3.78. The company has a market capitalization of $82.95 million, a PE ratio of -3.19 and a beta of 1.04. The business’s fifty day simple moving average is $1.82 and its two-hundred day simple moving average is $1.80. The company has a quick ratio of 3.31, a current ratio of 4.15 and a debt-to-equity ratio of 0.11.
Analysts Set New Price Targets
Separately, StockNews.com assumed coverage on Advanced Emissions Solutions in a research note on Thursday, October 5th. They issued a “sell” rating for the company.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in ADES. Renaissance Technologies LLC lifted its stake in Advanced Emissions Solutions by 11.9% in the second quarter. Renaissance Technologies LLC now owns 71,645 shares of the industrial products company’s stock valued at $336,000 after buying an additional 7,641 shares in the last quarter. 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. Tejara Capital Ltd acquired a new position in Advanced Emissions Solutions during the 4th quarter valued at about $153,000. Susquehanna International Group LLP increased its stake in Advanced Emissions Solutions by 29.1% in the 1st quarter. Susquehanna International Group LLP now owns 69,573 shares of the industrial products company’s stock valued at $138,000 after buying an additional 15,674 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Advanced Emissions Solutions by 24.6% in the first quarter. JPMorgan Chase & Co. now owns 17,738 shares of the industrial products company’s stock worth $110,000 after purchasing an additional 3,504 shares in the last quarter. Institutional investors own 24.19% of the company’s stock.
About Advanced Emissions Solutions
Advanced Emissions Solutions, Inc provides solutions for the coal-fired power generation, industrial, water treatment plants, and other markets. The company was incorporated in 2011 and is headquartered in Greenwood Village, Colorado.
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