Arq Inc (NASDAQ: ARQ) is -16.64% lower on its value in year-to-date trading and has touched a low of $2.50 and a high of $8.26 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 ARQ stock was last observed hovering at around $6.82 in the last trading session, with the day’s loss setting it -0.51%.
Currently trading at $6.31, the stock is -10.55% and -9.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.4 million and changing -7.48% at the moment leaves the stock -3.43% off its SMA200. ARQ registered 125.36% gain for a year compared to 6-month gain of 6.23%. The firm has a 50-day simple moving average (SMA 50) of $7.004 and a 200-day simple moving average (SMA200) of $6.534.
The stock witnessed a -13.44% loss in the last 1 month and extending the period to 3 months gives it a 17.07%, and is -16.64% down 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 6.82% over the week and 5.54% over the month.
Arq Inc (ARQ) has around 173 employees, a market worth around $265.22M and $110.02M in sales. Fwd P/E is 45.07. Profit margin for the company is -0.44%. Distance from 52-week low is 152.40% and -23.61% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.20%).
The EPS is expected to grow by 71.43% this year
The shares outstanding are 42.03M, and float is at 34.19M with Short Float at 2.12%.
Arq Inc (ARQ) Insider Activity
The most recent transaction is an insider purchase by Rasmus Robert E., the company’s Chief Executive Officer. SEC filings show that Rasmus Robert E. bought 25,000 shares of the company’s common stock on Sep 23 ’24 at a price of $5.25 per share for a total of $0.13 million. Following the purchase, the insider now owns 0.45 million shares.
