Aqua Metals, Inc. (NASDAQ:AQMS) shares traded up 9.5% on Monday . The company traded as high as $2.18 and last traded at $2.18. 1,054,092 shares changed hands during trading, an increase of 191% from the average session volume of 362,448 shares. The stock had previously closed at $1.99.

A number of research analysts have weighed in on the stock. HC Wainwright reaffirmed a “buy” rating on shares of Aqua Metals in a research report on Friday, November 10th. Zacks Investment Research raised shares of Aqua Metals from a “sell” rating to a “hold” rating in a research report on Wednesday, December 13th. Finally, Oppenheimer reissued a “buy” rating and set a $34.00 target price on shares of Aqua Metals in a research report on Friday, November 10th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $28.60.

The company has a current ratio of 4.01, a quick ratio of 3.77 and a debt-to-equity ratio of 0.19.

Aqua Metals (NASDAQ:AQMS) last posted its quarterly earnings results on Thursday, November 9th. The business services provider reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by ($0.04). The company had revenue of $0.59 million for the quarter, compared to analysts’ expectations of $0.65 million. sell-side analysts forecast that Aqua Metals, Inc. will post -1.22 earnings per share for the current year.

Hedge funds have recently added to or reduced their stakes in the business. Frontier Capital Management Co. LLC grew its position in shares of Aqua Metals by 2,063.6% during the second quarter. Frontier Capital Management Co. LLC now owns 1,082,592 shares of the business services provider’s stock worth $13,587,000 after acquiring an additional 1,032,556 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Aqua Metals by 35.9% during the second quarter. Wells Fargo & Company MN now owns 895,775 shares of the business services provider’s stock worth $11,241,000 after acquiring an additional 236,420 shares during the last quarter. AWM Investment Company Inc. grew its position in shares of Aqua Metals by 11.1% during the second quarter. AWM Investment Company Inc. now owns 1,460,637 shares of the business services provider’s stock worth $18,331,000 after acquiring an additional 145,480 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Aqua Metals by 22.4% during the second quarter. Vanguard Group Inc. now owns 630,467 shares of the business services provider’s stock worth $7,912,000 after acquiring an additional 115,233 shares during the last quarter. Finally, Robecosam AG grew its position in shares of Aqua Metals by 32.0% during the second quarter. Robecosam AG now owns 424,000 shares of the business services provider’s stock worth $5,287,000 after acquiring an additional 102,900 shares during the last quarter. Hedge funds and other institutional investors own 39.05% of the company’s stock.

WARNING: This report was originally posted by Watch List News and is owned by of Watch List News. If you are reading this report on another domain, it was illegally copied and republished in violation of United States & international trademark and copyright law. The original version of this report can be viewed at https://www.watchlistnews.com/aqua-metals-aqms-trading-9-5-higher/1771817.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.

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.