June 22, 2022, AquaBounty Technologies Inc. (NASDAQ: AQB) trading session started at the price of $1.50, that was 8.55% jump from the session before. During the day, the shares moved up to $1.705 and dropped to $1.49 before settling in for the closing price of $1.52. A 52-week range for AQB has been $1.13 – $6.23.
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When this article was written, the company’s average yearly earnings per share was at 28.70%. With a float of $70.20 million, this company’s outstanding shares have now reached $71.00 million.
In an organization with 76 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -970.25, operating margin of -1882.97, and the pretax margin is -1900.07.
AquaBounty Technologies Inc. (AQB) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward AquaBounty Technologies Inc. stocks. The insider ownership of AquaBounty Technologies Inc. is 0.70%, while institutional ownership is 42.40%. The most recent insider transaction that took place on Jun 13, was worth 24,000. In this transaction Director of this company bought 15,000 shares at a rate of $1.60, taking the stock ownership to the 15,000 shares. Before that another transaction happened on Nov 23, when Company’s Director sold 12,880,000 for $2.10, making the entire transaction worth $27,048,000. This insider now owns 6 shares in total.
AquaBounty Technologies Inc. (AQB) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 3/30/2022, it has been observed that the corporation posted -$0.07 earnings per share (EPS) during the time that was better than consensus figure (set at -$0.08) by $0.01. This company achieved a net margin of -1900.07 while generating a return on equity of -13.58. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.70% per share during the next fiscal year.
AquaBounty Technologies Inc. (NASDAQ: AQB) Trading Performance Indicators
You can see what AquaBounty Technologies Inc. (AQB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 43.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 56.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.35 in one year’s time.
Technical Analysis of AquaBounty Technologies Inc. (AQB)
Let’s dig in a bit further. During the last 5-days, its volume was 0.92 million. That was inferior than the volume of 1.08 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 30.48%. Additionally, its Average True Range was 0.13.
During the past 100 days, AquaBounty Technologies Inc.’s (AQB) raw stochastic average was set at 41.94%, which indicates a significant decrease from 67.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.93% in the past 14 days, which was lower than the 99.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4596, while its 200-day Moving Average is $2.3707. However, in the short run, AquaBounty Technologies Inc.’s stock first resistance to watch stands at $1.7400. Second resistance stands at $1.8300. The third major resistance level sits at $1.9550. If the price goes on to break the first support level at $1.5250, it is likely to go to the next support level at $1.4000. Assuming the price breaks the second support level, the third support level stands at $1.3100.
AquaBounty Technologies Inc. (NASDAQ: AQB) Key Stats
There are 71,110K outstanding shares of the company, which has a market capitalization of 118.98 million. As of now, sales total 1,170 K while income totals -22,320 K. Its latest quarter income was 960 K while its last quarter net income were -5,110 K.