Advanced Emissions Solutions (NASDAQ:ADES) Downgraded by TheStreet to D+


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TheStreet downgraded shares of Advanced Emissions Solutions (NASDAQ:ADES) from a c- rating to a d+ rating in a research note published on Tuesday, TheStreetRatingsTable reports.

Shares of ADES opened at $5.46 on Tuesday. Advanced Emissions Solutions has a 1 year low of $3.52 and a 1 year high of $8.00. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.40 and a quick ratio of 1.14. The stock’s fifty day moving average price is $5.72 and its two-hundred day moving average price is $5.28. The firm has a market cap of $101.11 million, a PE ratio of -8.27 and a beta of 0.88.

Advanced Emissions Solutions (NASDAQ:ADES) last announced its quarterly earnings data on Wednesday, March 10th. The industrial products company reported $0.02 earnings per share for the quarter. Advanced Emissions Solutions had a positive return on equity of 15.49% and a negative net margin of 19.63%. The company had revenue of $18.36 million during the quarter.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Schonfeld Strategic Advisors LLC bought a new stake in shares of Advanced Emissions Solutions during the 3rd quarter valued at $157,000. BlackRock Inc. grew its holdings in Advanced Emissions Solutions by 4.3% during the 4th quarter. BlackRock Inc. now owns 1,210,360 shares of the industrial products company’s stock valued at $6,657,000 after buying an additional 50,254 shares in the last quarter. Morgan Stanley increased its position in shares of Advanced Emissions Solutions by 242.6% during the third quarter. Morgan Stanley now owns 156,016 shares of the industrial products company’s stock valued at $634,000 after buying an additional 110,479 shares during the period. Van ECK Associates Corp purchased a new stake in shares of Advanced Emissions Solutions in the fourth quarter worth about $721,000. Finally, Wells Fargo & Company MN boosted its position in shares of Advanced Emissions Solutions by 52.7% in the third quarter. Wells Fargo & Company MN now owns 68,500 shares of the industrial products company’s stock valued at $278,000 after acquiring an additional 23,635 shares during the period. Institutional investors own 61.13% of the company’s stock.

About Advanced Emissions Solutions

Advanced Emissions Solutions, Inc, together with its subsidiaries, provides emission reduction technologies and specialty chemicals in the United States. It operates through two segments, Refined Coal; and Power Generation and Industrials. The company offers CyClean technology, a pre-combustion coal treatment process to enhance combustion, as well as to reduce emissions of nitrogen oxide and mercury from coals burned in cyclone boilers; and M-45 and M-45-PC technologies, which are pre-combustion coal treatment technologies used to control emissions from circulating fluidized bed boilers and pulverized coal boilers.

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