Take A Look At This Aqua Metals Inc. (NASDAQ: AQMS) Analysis Before Investing

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Aqua Metals Inc. (NASDAQ:AQMS) price is hovering higher on Tuesday, December 28, jumping 0.78% above its previous close.

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A look at today’s price movement shows that the recent level at last check reads $1.29, with intraday deals fluctuating between $1.27 and $1.375. The company’s 5Y monthly beta was ticking 1.58. Taking into account the 52-week price action we note that the stock hit a 52-week high of $8.06 and 52-week low of $1.25. The stock subtracted -25.86% on its value in the past month.

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Aqua Metals Inc., which has a market valuation of $89.46 million, is expected to release its quarterly earnings report Feb 23, 2022 – Feb 28, 2022. Analysts tracking AQMS have forecast the quarterly EPS to shrink by -0.06 per share this quarter, while the same analysts predict the annual EPS to hit -$0.28 for the year 2021 and up to -$0.14 for 2022. In this case, analysts estimate an annual EPS growth of -21.70% for the year and 50.00% for the next year.

Staying with the analyst view, there is a consensus estimate of $110k for the company’s annual revenue in 2021. Per this projection, the revenue is forecast to grow 1.90% above that which the company brought in 2021.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give AQMS a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.

Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 2 analysts have assigned AQMS a recommendation rating as follows: 0 rate it as a Hold; 2 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Aqua Metals Inc. (AQMS) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.

The overview shows that AQMS’s price is at present -10.81% off the SMA20 and -25.19% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 36.04, with weekly volatility standing at 5.33%. The indicator jumps to 9.38% when calculated based on the past 30 days. Aqua Metals Inc. (NASDAQ:AQMS)’s beta value is holding at 1.40, while the average true range (ATR) indicator is currently reading 0.12. Considering analysts have assigned the stock a price target range of $7.00-$8.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $7.50. Based on this estimate, we see that today’s price at last check is roughly -438.46% off the estimated low and -515.38% off the forecast high. Investors will no doubt be excited to see the share price fall to $7.50, which is the median consensus price, and at that level AQMS would be -476.92% from recent price.

Turning out attention to how the Aqua Metals Inc. stock has performed in comparison to its peers in the industry, here’s what we find: AQMS’s stock is 0.78% on the day and -44.87% in the past 12 months. Elsewhere in the market, the S&P 500 Index has rallied 0.11% in today’s early trading, with the Dow Jones Industrial also seeing a positive session on the day with 0.43%.

An analysis of the Aqua Metals Inc. (NASDAQ:AQMS) stock in terms of its daily trading volume indicates that the 3-month average is 1.01 million.

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Current records show that the company has 69.61M in outstanding shares. The insiders’ percentage holdings are 9.00% of outstanding shares while the percentage share held by institutions stands at 22.30%. But the -57.00% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.