Aqua Metals (NASDAQ:AQMS) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Aqua Metals, Inc. (NASDAQ:AQMS)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.44 and traded as low as $4.37. Aqua Metals shares last traded at $4.40, with a volume of 92,898 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Aqua Metals in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Aqua Metals Stock Up 0.5%

The firm has a market cap of $14.74 million, a PE ratio of -0.14 and a beta of 0.03. The business has a 50-day moving average price of $4.44 and a two-hundred day moving average price of $6.15.

Institutional Investors Weigh In On Aqua Metals

Several large investors have recently bought and sold shares of AQMS. Stifel Financial Corp acquired a new position in shares of Aqua Metals during the fourth quarter worth about $269,000. Geode Capital Management LLC acquired a new stake in Aqua Metals in the fourth quarter valued at approximately $129,000. Hamilton Capital Partners LLC acquired a new stake in Aqua Metals in the fourth quarter valued at approximately $84,000. Price T Rowe Associates Inc. MD purchased a new position in Aqua Metals in the fourth quarter worth approximately $77,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in Aqua Metals in the third quarter worth approximately $82,000. Hedge funds and other institutional investors own 21.98% of the company’s stock.

About Aqua Metals

Aqua Metals Inc (NASDAQ: AQMS) is a technology-driven environmental company pioneering sustainable battery recycling solutions. The company’s core offering, branded as AquaRefining, utilizes an electrochemical process to recover lead, silver, and plastic components from spent lead-acid batteries without the need for high-temperature smelting. This water-based approach aims to eliminate air emissions and reduce energy consumption compared to conventional recycling methods.

Based in Reno, Nevada, Aqua Metals develops, manufactures, and licenses its proprietary modular recycling systems to industrial battery recyclers and battery manufacturers.