On Friday, 374Water Inc (NASDAQ: SCWO) was -3.33% drop from the session before settling in for the closing price of $1.20. A 52-week range for SCWO has been $0.83 – $2.09.
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A company in the Industrials sector has jumped its sales by 1244.57% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -33.33%. With a float of $62.72 million, this company’s outstanding shares have now reached $132.67 million.
In an organization with 32 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -1219.02%, operating margin of -4255.91%, and the pretax margin is -3991.9%.
374Water Inc (SCWO) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward 374Water Inc stocks. The insider ownership of 374Water Inc is 52.74%, while institutional ownership is 12.01%.
374Water Inc (SCWO) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.02 earnings per share (EPS) during the time that was less than consensus figure (set at -0.01) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -33.33% per share during the next fiscal year.
374Water Inc (NASDAQ: SCWO) Trading Performance Indicators
You can see what 374Water Inc (SCWO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 93.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.05, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.06 in one year’s time.
Technical Analysis of 374Water Inc (SCWO)
Let’s dig in a bit further. During the last 5-days, its volume was 0.12 million. That was better than the volume of 0.11 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.33%. Additionally, its Average True Range was 0.08.
During the past 100 days, 374Water Inc’s (SCWO) raw stochastic average was set at 40.07%, which indicates a significant decrease from 83.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.21% in the past 14 days, which was higher than the 64.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1260, while its 200-day Moving Average is $1.2394. However, in the short run, 374Water Inc’s stock first resistance to watch stands at $1.2000. Second resistance stands at $1.2400. The third major resistance level sits at $1.2900. If the price goes on to break the first support level at $1.1100, it is likely to go to the next support level at $1.0600. Assuming the price breaks the second support level, the third support level stands at $1.0200.
374Water Inc (NASDAQ: SCWO) Key Stats
There are 132,670K outstanding shares of the company, which has a market capitalization of 153.97 million. As of now, sales total 740 K while income totals -8,100 K. Its latest quarter income was 40 K while its last quarter net income were -2,930 K.
