Aqua Metals Inc (AQMS) 20 Days SMA touches -24.96%: The odds favor the bear

kicked off on Tuesday, with Aqua Metals Inc (NASDAQ: AQMS) stock price down -8.86% from the previous day of trading, before settling in for the closing price of $0.16. AQMS’s price has ranged from $0.15 to $1.04 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 79.85%. Meanwhile, its annual earnings per share averaged 27.50%. With a float of $129.58 million, this company’s outstanding shares have now reached $136.40 million.

Considering the fact that the conglomerate employs 53 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -16875.51%, operating margin of -45344.9%, and the pretax margin is -54024.49%.

Aqua Metals Inc (AQMS) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Waste Management Industry. The insider ownership of Aqua Metals Inc is 5.00%, while institutional ownership is 13.61%. The most recent insider transaction that took place on May 14 ’24, was worth 29,250. In this transaction Director of this company bought 75,000 shares at a rate of $0.39, taking the stock ownership to the 105,500 shares. Before that another transaction happened on May 14 ’24, when Company’s Director bought 25,000 for $0.39, making the entire transaction worth $9,750. This insider now owns 334,050 shares in total.

Aqua Metals Inc (AQMS) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 27.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.00% during the next five years compared to 26.38% growth over the previous five years of trading.

Aqua Metals Inc (NASDAQ: AQMS) Trading Performance Indicators

Here are Aqua Metals Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 649.72.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.08 in one year’s time.

Technical Analysis of Aqua Metals Inc (AQMS)

Compared to the last year’s volume of 0.49 million, its volume of 0.82 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.81%. Additionally, its Average True Range was 0.02.

During the past 100 days, Aqua Metals Inc’s (AQMS) raw stochastic average was set at 0.56%, which indicates a significant decrease from 2.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.44% in the past 14 days, which was lower than the 100.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.2166, while its 200-day Moving Average is $0.4275. Nevertheless, the first resistance level for the watch stands at $0.1549 in the near term. At $0.1670, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.1739. If the price goes on to break the first support level at $0.1359, it is likely to go to the next support level at $0.1290. Should the price break the second support level, the third support level stands at $0.1169.

Aqua Metals Inc (NASDAQ: AQMS) Key Stats

With a market capitalization of 19.49 million, the company has a total of 113,226K Shares Outstanding. Currently, annual sales are 30 K while annual income is -23,940 K. The company’s previous quarter sales were 0 K while its latest quarter income was -6,150 K.