Aqua Metals Inc (NASDAQ:AQMS) has earned an average recommendation of “Buy” from the eight brokerages that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $29.50.

A number of equities analysts have recently weighed in on the stock. Oppenheimer reaffirmed a “buy” rating and issued a $34.00 price target on shares of Aqua Metals in a research note on Friday, November 10th. Zacks Investment Research upgraded shares of Aqua Metals from a “sell” rating to a “hold” rating in a report on Wednesday, December 13th. Finally, HC Wainwright reiterated a “buy” rating on shares of Aqua Metals in a report on Friday, November 10th.

A number of large investors have recently modified their holdings of AQMS. The Manufacturers Life Insurance Company boosted its holdings in Aqua Metals by 47.5% during the second quarter. The Manufacturers Life Insurance Company now owns 13,979 shares of the business services provider’s stock valued at $176,000 after acquiring an additional 4,499 shares during the period. California State Teachers Retirement System boosted its holdings in Aqua Metals by 18.5% during the second quarter. California State Teachers Retirement System now owns 29,440 shares of the business services provider’s stock valued at $369,000 after acquiring an additional 4,600 shares during the period. Teachers Advisors LLC boosted its holdings in Aqua Metals by 17.7% during the second quarter. Teachers Advisors LLC now owns 30,805 shares of the business services provider’s stock valued at $387,000 after acquiring an additional 4,643 shares during the period. Rhumbline Advisers boosted its holdings in Aqua Metals by 42.4% during the second quarter. Rhumbline Advisers now owns 17,447 shares of the business services provider’s stock valued at $219,000 after acquiring an additional 5,195 shares during the period. Finally, New York State Common Retirement Fund boosted its holdings in Aqua Metals by 76.3% during the second quarter. New York State Common Retirement Fund now owns 19,400 shares of the business services provider’s stock valued at $243,000 after acquiring an additional 8,399 shares during the period. Hedge funds and other institutional investors own 28.87% of the company’s stock.

Aqua Metals (NASDAQ:AQMS) opened at $2.13 on Tuesday. Aqua Metals has a one year low of $1.84 and a one year high of $22.75. The company has a quick ratio of 3.77, a current ratio of 4.01 and a debt-to-equity ratio of 0.19. The firm has a market cap of $58.69, a price-to-earnings ratio of -1.65 and a beta of 1.02.

Aqua Metals (NASDAQ:AQMS) last posted its quarterly earnings results on Thursday, November 9th. The business services provider reported ($0.31) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.27) by ($0.04). The firm had revenue of $0.59 million for the quarter, compared to analyst estimates of $0.65 million. research analysts predict that Aqua Metals will post -1.22 EPS for the current fiscal year.

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Aqua Metals Company Profile

Aqua Metals, Inc is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. The Company’s AquaRefining process focuses on providing for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining uses bio-degradable aqueous solvent and an ambient temperature electro-chemical process to produce lead.

Analyst Recommendations for Aqua Metals (NASDAQ:AQMS)

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