AquaBounty Technologies Inc (NASDAQ: AQB) is -76.14% lower on its value in year-to-date trading and has touched a low of $0.47 and a high of $3.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AQB stock was last observed hovering at around $0.58 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $0.73, the stock is -4.94% and -24.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.82 million and changing 24.93% at the moment leaves the stock -49.53% off its SMA200. AQB registered -70.43% loss for a year compared to 6-month loss of -58.33%. The firm has a 50-day simple moving average (SMA 50) of $0.97272 and a 200-day simple moving average (SMA200) of $1.44601.
The stock witnessed a -27.35% gain in the last 1 month and extending the period to 3 months gives it a -38.35%, and is 13.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 47.72% over the week and 20.66% over the month.
AquaBounty Technologies Inc (AQB) has around 104 employees, a market worth around $3.51M and $1.26M in sales. Profit margin for the company is -5840.37%. Distance from 52-week low is 54.39% and -75.80% from its 52-week high. The company has generated returns on investments over the last 12 months (-69.74%).
The EPS is expected to shrink by -141.28% this year
41.0 institutions hold shares in AquaBounty Technologies Inc (AQB), with institutional investors hold 10.25% of the company’s shares. The shares outstanding are 3.87M, and float is at 3.62M with Short Float at 2.12%. Institutions hold 10.04% of the Float.
