National Securities reiterated their buy rating on shares of Aqua Metals (NASDAQ:AQMS) in a research note issued to investors on Friday. They currently have a $15.00 price target on the business services provider’s stock.

Other equities research analysts have also recently issued research reports about the stock. Zacks Investment Research cut shares of Aqua Metals from a hold rating to a sell rating in a research report on Monday, February 12th. Eurobank EFG cut their price objective on shares of Aqua Metals from $17.00 to $12.00 and set a buy rating for the company in a research report on Wednesday, February 14th. HC Wainwright reaffirmed a buy rating and set a $9.00 price objective on shares of Aqua Metals in a research report on Tuesday, March 6th. EuroPacific Canada reaffirmed a buy rating and set a $12.00 price objective (down previously from $17.00) on shares of Aqua Metals in a research report on Friday, February 16th. Finally, Oppenheimer reaffirmed a buy rating on shares of Aqua Metals in a research report on Monday, February 12th. Two investment analysts have rated the stock with a sell rating and six have assigned a buy rating to the stock. Aqua Metals presently has an average rating of Buy and an average target price of $17.83.

How to Become a New Pot Stock Millionaire

Shares of Aqua Metals stock opened at $2.88 on Friday. The stock has a market cap of $82.50, a PE ratio of -2.19 and a beta of 0.18. Aqua Metals has a 52-week low of $1.42 and a 52-week high of $20.72. The company has a debt-to-equity ratio of 0.19, a current ratio of 4.01 and a quick ratio of 3.77.

Aqua Metals (NASDAQ:AQMS) last announced its earnings results on Thursday, March 15th. The business services provider reported ($0.32) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.10). The firm had revenue of $0.90 million for the quarter, compared to the consensus estimate of $1.27 million. sell-side analysts forecast that Aqua Metals will post -0.58 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company lifted its position in Aqua Metals by 47.5% during the second quarter. The Manufacturers Life Insurance Company now owns 13,979 shares of the business services provider’s stock worth $176,000 after purchasing an additional 4,499 shares during the period. California State Teachers Retirement System lifted its holdings in shares of Aqua Metals by 18.5% in the second quarter. California State Teachers Retirement System now owns 29,440 shares of the business services provider’s stock worth $369,000 after acquiring an additional 4,600 shares during the last quarter. New York State Common Retirement Fund lifted its holdings in shares of Aqua Metals by 76.3% in the second quarter. New York State Common Retirement Fund now owns 19,400 shares of the business services provider’s stock worth $243,000 after acquiring an additional 8,399 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Aqua Metals by 49.5% in the second quarter. Royal Bank of Canada now owns 28,894 shares of the business services provider’s stock worth $362,000 after acquiring an additional 9,571 shares during the last quarter. Finally, TIAA CREF Investment Management LLC lifted its holdings in shares of Aqua Metals by 30.1% in the second quarter. TIAA CREF Investment Management LLC now owns 44,151 shares of the business services provider’s stock worth $554,000 after acquiring an additional 10,211 shares during the last quarter. 36.63% of the stock is owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: “Aqua Metals’ (AQMS) “Buy” Rating Reiterated at National Securities” was originally published by Watch List News and is the property of of Watch List News. If you are reading this news story on another publication, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be accessed at https://www.watchlistnews.com/aqua-metals-aqms-buy-rating-reiterated-at-national-securities/1944837.html.

Aqua Metals Company Profile

Aqua Metals, Inc is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. The Company’s AquaRefining process focuses on providing for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining uses bio-degradable aqueous solvent and an ambient temperature electro-chemical process to produce lead.

Analyst Recommendations for Aqua Metals (NASDAQ:AQMS)

Receive News & Ratings for Aqua Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aqua Metals and related companies with MarketBeat.com's FREE daily email newsletter.