Aqua Metals (NASDAQ:AQMS) Earns “Speculative Buy” Rating from Benchmark

Posted by Dante Gardener on Apr 2nd, 2025

Aqua Metals (NASDAQ:AQMS – Get Free Report)‘s stock had its “speculative buy” rating reaffirmed by analysts at Benchmark in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $3.00 price objective on the business services provider’s stock. Benchmark’s price objective suggests a potential upside of 65.75% from the company’s current price.

Aqua Metals Trading Down 2.7 %

NASDAQ AQMS traded down $0.05 on Wednesday, hitting $1.81. The company’s stock had a trading volume of 15,990 shares, compared to its average volume of 79,856. The firm has a market cap of $12.91 million, a P/E ratio of -0.38 and a beta of 0.94. Aqua Metals has a 52-week low of $1.33 and a 52-week high of $14.10. The company’s 50-day simple moving average is $2.00 and its 200 day simple moving average is $2.42.

Aqua Metals (NASDAQ:AQMS – Get Free Report) last released its quarterly earnings results on Monday, March 31st. The business services provider reported ($1.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.40) by ($0.66). On average, research analysts forecast that Aqua Metals will post -2.8 EPS for the current fiscal year.

Institutional Trading of Aqua Metals

A hedge fund recently raised its stake in Aqua Metals stock. Geode Capital Management LLC lifted its stake in Aqua Metals, Inc. (NASDAQ:AQMS – Free Report) by 22.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,341,382 shares of the business services provider’s stock after purchasing an additional 249,266 shares during the period. Geode Capital Management LLC owned 19.67% of Aqua Metals worth $251,000 at the end of the most recent reporting period. 21.98% of the stock is currently owned by institutional investors.

About Aqua Metals

(Get Free Report)

Aqua Metals, Inc engages in reinventing metals recycling activities with its patented AquaRefining technology. The company's technology produces metals and alloys that can be returned into the battery manufacturing supply chain markets, as well as sells metals for use in various advanced manufacturing industries.