AquaBounty Technologies Inc [NASDAQ: AQB] surged by $0.15 during the normal trading session on Wednesday and reaching a high of $0.908 during the day while it closed the day at $0.91.
AquaBounty Technologies Inc stock has also gained 24.73% of its value over the past 7 days. However, AQB stock has inclined by 7.13% in the 3 months of the year. Over the past six months meanwhile, it has gained 31.59% and gained 1.00% year-on date.
The market cap for AQB stock reached $3.52 million, with 3.88 million shares outstanding and 3.81 million shares in the current float. Compared to the average trading volume of 270.70K shares, AQB reached a trading volume of 10449594 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about AquaBounty Technologies Inc [AQB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AQB shares is $1.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AQB stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for AquaBounty Technologies Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 09, 2021. While these analysts kept the previous recommendation, ROTH Capital raised their target price to Buy. The new note on the price target was released on October 08, 2021, representing the official price target for AquaBounty Technologies Inc stock. Previously, the target price had yet another raise to $7, while Oppenheimer analysts kept a Outperform rating on AQB stock.
The Price to Book ratio for the last quarter was 0.26, with the Price to Cash per share for the same quarter was set at 0.19.
AQB stock trade performance evaluation
AquaBounty Technologies Inc [AQB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.73. With this latest performance, AQB shares gained by 21.31% in over the last four-week period, additionally plugging by 31.59% over the last 6 months – not to mention a rise of 44.96% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AQB stock in for the last two-week period is set at 72.77, with the RSI for the last a single of trading hit 0.0503, and the three-weeks RSI is set at 0.0499 for AquaBounty Technologies Inc [AQB]. The present Moving Average for the last 50 days of trading for this stock 0.7649, while it was recorded at 0.7804 for the last single week of trading, and 0.7619 for the last 200 days.
AquaBounty Technologies Inc [AQB]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and AquaBounty Technologies Inc [AQB] shares currently have an operating margin of -1780.94% and a Gross Margin at -837.39%. AquaBounty Technologies Inc’s Net Margin is presently recorded at -5840.37%.
AquaBounty Technologies Inc (AQB) Capital Structure & Debt Analysis
According to recent financial data for AquaBounty Technologies Inc. ( AQB), the Return on Equity (ROE) stands at -53.80%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -47.37%, reflecting the company’s efficiency in generating profits from its assets. Additionally, AquaBounty Technologies Inc’s Return on Invested Capital (ROIC) is -539.59%, showcasing its effectiveness in deploying capital for earnings.
AquaBounty Technologies Inc (AQB) Efficiency & Liquidity Metrics
Based on AquaBounty Technologies Inc’s (AQB) latest financial statements, the Debt-to-Equity Ratio is 0.63%, indicating its reliance on debt financing relative to shareholder equity.
AquaBounty Technologies Inc (AQB) Efficiency & Liquidity Metrics
From an operational efficiency perspective, AquaBounty Technologies Inc. (AQB) effectively leverages its workforce, generating an average of -$18375000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.30% and a Quick Ratio of 0.30%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for AquaBounty Technologies Inc [AQB] stock
With the latest financial reports released by the company, AquaBounty Technologies Inc posted -2.19/share EPS, while the average EPS was predicted by analysts to be reported at -1.53/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.66. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AQB.
AquaBounty Technologies Inc [AQB]: Institutional Ownership
There are presently around $7.15%, or 7.31%% of AQB stock, in the hands of institutional investors. The top three institutional holders of AQB stocks are: EPIQ PARTNERS, LLC with ownership of 80202.0 shares, which is approximately 2.0775%. BLACKROCK INC., holding 49354.0 shares of the stock with an approximate value of $$79460.0 in AQB stocks shares; and BLACKROCK INC., currently with $$61718.0 in AQB stock with ownership which is approximately 0.9631%.
