374Water Inc (NASDAQ: SCWO) on Monday, soared 9.40% from the previous trading day, before settling in for the closing price of $1.17. Within the past 52 weeks, SCWO’s price has moved between $0.83 and $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. The company achieved an average annual earnings per share of -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
Observing investor behavior towards Pollution & Treatment Controls industry stocks is more important than anything else. The insider ownership of 374Water Inc is 52.74%, while institutional ownership is 12.01%.
374Water Inc (SCWO) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.02 earnings per share (EPS) for the period falling under the consensus outlook (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
374Water Inc (SCWO) is currently performing well based on its current performance indicators. A quick ratio of 5.07 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 102.97.
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 0.2 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 75.23%. Additionally, its Average True Range was 0.09.
During the past 100 days, 374Water Inc’s (SCWO) raw stochastic average was set at 54.75%, which indicates a significant decrease from 75.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.11% in the past 14 days, which was higher than the 65.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1316, while its 200-day Moving Average is $1.2352. However, in the short run, 374Water Inc’s stock first resistance to watch stands at $1.4000. Second resistance stands at $1.5200. The third major resistance level sits at $1.6700. If the price goes on to break the first support level at $1.1300, it is likely to go to the next support level at $0.9800. Assuming the price breaks the second support level, the third support level stands at $0.8600.
374Water Inc (NASDAQ: SCWO) Key Stats
Market capitalization of the company is 169.89 million based on 132,670K outstanding shares. Right now, sales total 740 K and income totals -8,100 K. The company made 40 K in profit during its latest quarter, and -2,930 K in sales during its previous quarter.
