Insider Buying: Aqua Metals Inc (AQMS) CFO Acquires 7,500 Shares of Stock

Aqua Metals Inc (NASDAQ:AQMS) CFO Knuettel Francis II purchased 7,500 shares of Aqua Metals stock in a transaction on Monday, June 18th. The stock was bought at an average price of $3.01 per share, with a total value of $22,575.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Knuettel Francis II also recently made the following trade(s):

  • On Friday, June 15th, Knuettel Francis II purchased 2,500 shares of Aqua Metals stock. The stock was bought at an average price of $3.34 per share, with a total value of $8,350.00.

Shares of NASDAQ AQMS traded up $0.10 during mid-day trading on Monday, reaching $3.45. 753,595 shares of the company’s stock traded hands, compared to its average volume of 928,111. The stock has a market capitalization of $96.13 million, a P/E ratio of -2.90 and a beta of 0.04. Aqua Metals Inc has a 1-year low of $1.42 and a 1-year high of $12.65. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.71 and a quick ratio of 4.49.



Aqua Metals (NASDAQ:AQMS) last issued its quarterly earnings data on Wednesday, May 9th. The business services provider reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.07). The business had revenue of $1.73 million for the quarter, compared to analyst estimates of $1.32 million. Aqua Metals had a negative net margin of 766.07% and a negative return on equity of 48.44%. equities research analysts anticipate that Aqua Metals Inc will post -0.64 earnings per share for the current fiscal year.

A number of equities research analysts have commented on AQMS shares. National Securities restated a “buy” rating and issued a $15.00 price target on shares of Aqua Metals in a report on Friday, March 16th. HC Wainwright set a $9.00 price target on shares of Aqua Metals and gave the stock a “buy” rating in a report on Friday, March 16th. ValuEngine upgraded shares of Aqua Metals from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd. Finally, Zacks Investment Research cut shares of Aqua Metals from a “hold” rating to a “sell” rating in a report on Monday, February 19th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $17.83.

Several hedge funds and other institutional investors have recently modified their holdings of AQMS. AWM Investment Company Inc. grew its holdings in shares of Aqua Metals by 62.4% during the fourth quarter. AWM Investment Company Inc. now owns 2,405,046 shares of the business services provider’s stock valued at $5,123,000 after buying an additional 923,668 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in shares of Aqua Metals during the fourth quarter valued at about $1,887,000. Renaissance Technologies LLC acquired a new position in shares of Aqua Metals during the fourth quarter valued at about $994,000. Millennium Management LLC grew its holdings in shares of Aqua Metals by 605.5% during the first quarter. Millennium Management LLC now owns 511,847 shares of the business services provider’s stock valued at $1,326,000 after buying an additional 439,299 shares during the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of Aqua Metals by 2,625.6% during the fourth quarter. Deutsche Bank AG now owns 426,200 shares of the business services provider’s stock valued at $906,000 after buying an additional 410,563 shares during the last quarter. Hedge funds and other institutional investors own 28.99% of the company’s stock.

About Aqua Metals

Aqua Metals, Inc engages in the recycling of lead primarily in the United States. It produces and sells hard lead, lead compounds, and plastics. The company was founded in 2014 and is headquartered in Alameda, California.

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