National Securities Corp analyst Ilya Grozovsky maintained a Buy rating on Aqua Metals (AQMS) today and set a price target of $6.60. The company’s shares opened today at $1.82, close to its 52-week low of $1.47.
According to TipRanks.com, Grozovsky is a 4-star analyst with an average return of 8.2% and a 51.2% success rate. Grozovsky covers the Technology sector, focusing on stocks such as Super League Gaming Inc, Digital Turbine Inc, and Mitek Systems Inc.
Aqua Metals has an analyst consensus of Moderate Buy, with a price target consensus of $7.80.
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Based on Aqua Metals’ latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $11.71 million. In comparison, last year the company had a GAAP net loss of $9.93 million.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AQMS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Aqua Metals, Inc. engages in the production of recycled lead through an electro-chemical process. It sells hard lead, lead compounds, and plastics. The company was founded by Stephen R. Clarke, Thomas Murphy, and Selwyn Mould on June 20, 2014 and is headquartered in McCarran, NV.
