Aqua Metals Inc (AQMS) Volatility At 10.66%, Should You Add A Position?

Aqua Metals Inc (NASDAQ: AQMS) is -91.77% lower on its value in year-to-date trading and has touched a low of $0.47 and a high of $7.92 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 AQMS stock was last observed hovering at around $0.56 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $0.53, the stock is -23.09% and -42.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing -5.45% at the moment leaves the stock -73.64% off its SMA200. AQMS registered -79.16% loss for a year compared to 6-month loss of -79.48%. The firm has a 50-day simple moving average (SMA 50) of $0.91606 and a 200-day simple moving average (SMA200) of $1.992815.

The stock witnessed a -33.52% gain in the last 1 month and extending the period to 3 months gives it a -70.16%, and is -4.34% 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 10.66% over the week and 13.00% over the month.

Aqua Metals Inc (AQMS) has around 11 employees, a market worth around $5.23M and $0.00M in sales. Distance from 52-week low is 11.34% and -93.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-273.95%).

30.0 institutions hold shares in Aqua Metals Inc (AQMS), with institutional investors hold 13.80% of the company’s shares. The shares outstanding are 8.36M, and float is at 6.99M with Short Float at 9.16%. Institutions hold 12.39% of the Float.

The top institutional shareholder in the company is BAIRD FINANCIAL GROUP, INC. with over 4.7 million shares valued at $1.5 million. The investor’s holdings represent 3.7937 of the AQMS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.21 million shares valued at $1.35 million to account for 3.3984 of the shares outstanding. The other top investors are IEQ CAPITAL, LLC which holds 3.48 million shares representing 2.8121 and valued at over $1.11 million, while RUSSELL INVESTMENTS GROUP, LTD. holds 1.1453 of the shares totaling 1.42 million with a market value of $0.45 million.

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