Weiss Ratings restated their sell (e+) rating on shares of 374Water (NASDAQ:SCWO – Free Report) in a report issued on Saturday,Weiss Ratings reports.
374Water Stock Down 3.7 %
SCWO opened at $0.59 on Friday. The firm’s 50 day moving average is $0.85 and its 200-day moving average is $1.16. 374Water has a 52-week low of $0.54 and a 52-week high of $1.99. The firm has a market capitalization of $78.57 million, a P/E ratio of -7.38 and a beta of -0.43.
Insider Buying and Selling at 374Water
In related news, major shareholder Yaacov Nagar sold 30,662 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $1.54, for a total transaction of $47,219.48. Following the transaction, the insider now directly owns 37,163,258 shares in the company, valued at $57,231,417.32. This trade represents a 0.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Marc Deshusses acquired 32,000 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were acquired at an average cost of $1.25 per share, with a total value of $40,000.00. Following the transaction, the director now owns 22,652,451 shares in the company, valued at approximately $28,315,563.75. The trade was a 0.14 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 172,800 shares of company stock worth $216,000 and sold 266,685 shares worth $300,471. 54.32% of the stock is owned by insiders.
Institutional Investors Weigh In On 374Water
About 374Water
374Water Inc provides a technology that transforms wet wastes into recoverable resources in the United States. The company transforms wet wastes, including sewage sludge, biosolids, food waste, hazardous and non-hazardous waste, and forever chemicals. It offers AirSCWO systems, a waste stream treatment system based on supercritical water oxidation that are used to treat various hazardous and non-hazardous waste streams.
See Also
- Five stocks we like better than 374Water
- 3 Grocery Stocks That Are Proving They Are Still Essential
- 3 Stocks to Gain From Donald Trump’s External Revenue Service
- How to Read Stock Charts for Beginners
- AMD: Loop Capital’s Buy Rating Reinforces Investor Confidence
- Stock Market Upgrades: What Are They?
- Momentum Is Building for Qualcomm to Have a Strong Run in 2025
Receive News & Ratings for 374Water Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 374Water and related companies with MarketBeat.com's FREE daily email newsletter.