What Can We Learn From Aqua Metals Inc. (AQMS)’s Valuation Ratios?

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Aqua Metals Inc. (NASDAQ:AQMS) traded with an addition of $0.19 to close at $0.98 on Thursday, an upside of 24.04 percent. An average of 729,273 shares of common stock have been traded in the last five days. There was a gain of $0.3650 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 401,678 shares traded, while the 50-day average volume stands at 260,165.

AQMS stock has decreased by -2.26% in the last month. The company shares reached their 1-month lowest point of $0.5000 on 12/21/22. With the stock rallying to its 52-week high on 04/01/22, shares of the company touched a low of $0.50 and a high of $1.67 in 52 weeks. It has reached a new high 6 times so far this year and lost -35.77% or -$0.2950 in price. In spite of this, the price is down -41.32% from the 52-week high.

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Insider Transactions

AQMS stock investors should be aware that Aqua Metals Inc. (AQMS) stock had its last reported insider trading activity 174 days ago on Dec 23. In this transaction, the insider spent $38,158. Chief Executive Officer, Cotton Stephen, disposed of 283,758 shares at a price of $0.77 on Jul 08. The insider now owns more than $218,494 worth of shares. Prior to that, Chief Eng and Opr Officer Taecker Benjamin S. went on to Sale 13,431 shares at $1.41 each on Mar 24. An amount of $18,938 was transacted.

Valuation Metrics

Aqua Metals Inc. (AQMS) stock’s beta is 1.44. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 265.28, the price-to-book (PB) ratio at 2.63.

Financial Health

The quick ratio of Aqua Metals Inc. for the three months ended June 29 was 2.40, and the current ratio was 2.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.26 for the quarter ending June 29. Its gross profit as reported stood at -$6.84 million compared to revenue of $0.17 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Aqua Metals Inc.’s return on assets was -48.70%.

Earnings Surprise

The company posted a net income of -$3.89 million in the quarter, while revenues of -$3.17 million were shrunk -106.17%. The analyst consensus anticipated Aqua Metals Inc.’s latest quarter earnings to come in at -$0.06 per share, but it turned out to be -$0.04, a 33.30% surprise. For the quarter, EBITDA amounted to -$3.7 million. Shareholders own equity worth $78.39 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Aqua Metals Inc. (AQMS) price momentum. RSI 9-day as of the close on 28 December was 79.55%, suggesting the stock is Overbought, with historical volatility in this time frame at 141.26%.

As of today, AQMS’s price is $0.7682 +64.04% or $0.3650 from its 5-day moving average. AQMS is currently trading +26.01% higher than its 20-day SMA and -9.22% lower than its 100-day SMA. However, the stock’s current price level is +20.41% above the SMA50 and -19.40% below the SMA200.

The stochastic %K and %D were 94.79% and 94.21%, respectively, and the average true range (ATR) was 0.0801. With the 14-day stochastic at 94.57% and the average true range at 0.0721, the RSI (14) stands at 71.76%. The stock has reached 0.1548 on the 9-day MACD Oscillator while the 14-day reading was at 0.1669.

Analyst Ratings

H.C. Wainwright launched coverage on Aqua Metals Inc. (NASDAQ: AQMS) in its analyst report released on March 05, 2021. The firm assigned the stock a Buy rating. The consensus rating for Aqua Metals Inc. (AQMS) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell AQMS, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

What is AQMS’s price target for the next 12 months?

Analysts predict a range of price targets between $6.00 and $6.00, with a median target of $6.00. Taking a look at these predictions, the average price target given by analysts for Aqua Metals Inc. (AQMS) stock is $6.00.

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