Aqua Metals Inc. (AQMS) Shares Down 3.5%
Aqua Metals Inc. (NASDAQ:AQMS) fell 3.5% during mid-day trading on Thursday . The company traded as low as $9.07 and last traded at $9.08, with a volume of 79,809 shares traded. The stock had previously closed at $9.41.
Separately, Zacks Investment Research upgraded shares of Aqua Metals from a “sell” rating to a “hold” rating in a report on Tuesday, May 10th.
The stock’s market capitalization is $131.62 million. The stock’s 50 day moving average price is $10.72 and its 200-day moving average price is $8.06.
Aqua Metals, Inc is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. AquaRefining process will provide for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining is a water-based ambient temperature process. The modular nature of AquaRefining makes it possible to start LAB recycling at a smaller scale than is possible with smelters.
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