Could Aqua Metals Inc (AQMS) Decline After Today’s Huge Increase?

September 17, 2017 - By Maria Brooks

The stock of Aqua Metals Inc (NASDAQ:AQMS) is a huge mover today! The stock increased 5.68% or $0.37 on September 15, reaching $6.88. About 326,804 shares traded or 48.27% up from the average. Aqua Metals Inc (NASDAQ:AQMS) has risen 11.23% since September 17, 2016 and is uptrending. It has underperformed by 5.47% the S&P500.
The move comes after 6 months positive chart setup for the $138.74M company. It was reported on Sep, 17 by Barchart.com. We have $7.22 PT which if reached, will make NASDAQ:AQMS worth $6.94M more.

Wall Street await Aqua Metals Inc (NASDAQ:AQMS) to release earnings on November, 6. Analysts forecast EPS of $-0.26, down exactly $0.03 or 13.04 % from 2014’s $-0.23 EPS. After posting $-0.30 EPS for the previous quarter, Aqua Metals Inc’s analysts now forecast -13.33 % EPS growth.

Aqua Metals Inc (NASDAQ:AQMS) Ratings Coverage

Among 4 analysts covering Aqua Metals (NASDAQ:AQMS), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Aqua Metals had 7 analyst reports since October 21, 2015 according to SRatingsIntel. The rating was initiated by Oppenheimer with “Outperform” on Wednesday, October 21. The firm earned “Buy” rating on Thursday, June 22 by H.C. Wainwright. As per Thursday, February 16, the company rating was initiated by National Securities. The stock has “Buy” rating by Oppenheimer on Thursday, June 1. The firm has “Buy” rating given on Thursday, August 10 by Oppenheimer. The stock has “Buy” rating by H.C. Wainwright on Monday, August 14.

More notable recent Aqua Metals Inc (NASDAQ:AQMS) news were published by: Globenewswire.com which released: “Aqua Metals Produces First AquaRefined Lead at World’s First AquaRefinery” on November 01, 2016, also Seekingalpha.com with their article: “Aqua Metals: As Toxic As The Lead It Claims To Recycle” published on April 20, 2017, Globenewswire.com published: “Aqua Metals Announces Change to Executive Management Team” on July 31, 2017. More interesting news about Aqua Metals Inc (NASDAQ:AQMS) were released by: Globenewswire.com and their article: “Aqua Metals to Attend 29th Annual ROTH Conference in Dana Point, CA on March …” published on March 06, 2017 as well as Globenewswire.com‘s news article titled: “Aqua Metals Acquires UK Based Ebonex IPR Limited” with publication date: April 18, 2017.

Aqua Metals, Inc. is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. The company has market cap of $138.74 million. The Company’s AquaRefining process focuses on providing for the recycling of lead acid batteries and the production of lead. It currently has negative earnings. AquaRefining uses bio-degradable aqueous solvent and an ambient temperature electro-chemical process to produce lead.

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