Advanced Emissions Solutions, Inc. (NASDAQ:ADES) saw strong trading volume on Wednesday . 854,562 shares were traded during trading, an increase of 631% from the previous session’s volume of 116,979 shares.The stock last traded at $12.86 and had previously closed at $12.65.

Several research analysts have recently weighed in on the stock. ValuEngine lowered shares of Advanced Emissions Solutions from a “hold” rating to a “sell” rating in a report on Friday, March 22nd. HC Wainwright reiterated a “buy” rating on shares of Advanced Emissions Solutions in a report on Wednesday, March 20th. Finally, Zacks Investment Research upgraded shares of Advanced Emissions Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, January 3rd.

The firm has a market capitalization of $232.30 million, a price-to-earnings ratio of 7.31 and a beta of 1.37. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.93 and a current ratio of 1.47.

Advanced Emissions Solutions (NASDAQ:ADES) last announced its quarterly earnings data on Monday, March 18th. The industrial products company reported $0.36 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.01). The company had revenue of $10.63 million for the quarter, compared to analysts’ expectations of $4.76 million. Advanced Emissions Solutions had a return on equity of 46.43% and a net margin of 148.06%. Analysts expect that Advanced Emissions Solutions, Inc. will post 3.39 EPS for the current year.

Several hedge funds have recently made changes to their positions in the company. Bank of New York Mellon Corp increased its position in Advanced Emissions Solutions by 1.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 451,393 shares of the industrial products company’s stock worth $5,128,000 after purchasing an additional 7,612 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Advanced Emissions Solutions by 313.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 73,577 shares of the industrial products company’s stock worth $880,000 after purchasing an additional 55,768 shares in the last quarter. Vanguard Group Inc increased its position in Advanced Emissions Solutions by 0.3% during the 3rd quarter. Vanguard Group Inc now owns 936,501 shares of the industrial products company’s stock worth $11,200,000 after purchasing an additional 2,603 shares in the last quarter. Rhumbline Advisers increased its position in Advanced Emissions Solutions by 45.6% during the 4th quarter. Rhumbline Advisers now owns 24,072 shares of the industrial products company’s stock worth $254,000 after purchasing an additional 7,537 shares in the last quarter. Finally, Advisor Group Inc. increased its position in Advanced Emissions Solutions by 76.1% during the 4th quarter. Advisor Group Inc. now owns 4,801 shares of the industrial products company’s stock worth $51,000 after purchasing an additional 2,074 shares in the last quarter. Institutional investors and hedge funds own 71.35% of the company’s stock.

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About Advanced Emissions Solutions (NASDAQ:ADES)

ADA-ES, Inc (ADA) develops, offers, and implements environmental technologies and provides equipment and specialty chemicals that enable coal-fueled power plants to meet emissions regulations by enhancing existing air pollution control equipment. ADA’s wholly owned subsidiaries include Advanced Emissions Solutions, Inc, ADA Intellectual Property, LLC and ADA Environmental Solutions, LLC.

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