On Tuesday, Arq Inc (NASDAQ: ARQ) was 6.20% up from the session before settling in for the closing price of $6.61. A 52-week range for ARQ has been $2.50 – $8.26.
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A company in the Industrials sector has jumped its sales by 47.34% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 71.43%. With a float of $34.19 million, this company’s outstanding shares have now reached $42.03 million.
In an organization with 173 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 33.63%, operating margin of 0.67%, and the pretax margin is -0.24%.
Arq Inc (ARQ) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Arq Inc stocks. The insider ownership of Arq Inc is 18.65%, while institutional ownership is 37.48%. The most recent insider transaction that took place on Sep 23 ’24, was worth 131,250. In this transaction Chief Executive Officer of this company bought 25,000 shares at a rate of $5.25, taking the stock ownership to the 450,792 shares.
Arq Inc (ARQ) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 71.43% per share during the next fiscal year.
Arq Inc (NASDAQ: ARQ) Trading Performance Indicators
You can see what Arq Inc (ARQ) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.01, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.14 in one year’s time.
Technical Analysis of Arq Inc (ARQ)
Let’s dig in a bit further. During the last 5-days, its volume was 0.36 million. That was better than the volume of 0.24 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 39.48%. Additionally, its Average True Range was 0.36.
During the past 100 days, Arq Inc’s (ARQ) raw stochastic average was set at 68.13%, which indicates a significant increase from 57.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.56% in the past 14 days, which was lower than the 64.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.75, while its 200-day Moving Average is $6.46. However, in the short run, Arq Inc’s stock first resistance to watch stands at $7.25. Second resistance stands at $7.49. The third major resistance level sits at $7.86. If the price goes on to break the first support level at $6.64, it is likely to go to the next support level at $6.27. Assuming the price breaks the second support level, the third support level stands at $6.03.
Arq Inc (NASDAQ: ARQ) Key Stats
There are 42,032K outstanding shares of the company, which has a market capitalization of 295.06 million. As of now, sales total 99,180 K while income totals -12,250 K. Its latest quarter income was 34,770 K while its last quarter net income were 1,620 K.
