Aqua Metals Inc. (NASDAQ:AQMS) shares traded down 2.8% on Wednesday . The stock traded as low as $8.32 and last traded at $8.39, with a volume of 84,194 shares. The stock had previously closed at $8.63.

Separately, Zacks Investment Research raised shares of Aqua Metals from a “sell” rating to a “hold” rating in a research note on Tuesday, May 10th.

The firm’s 50-day moving average price is $10.61 and its 200 day moving average price is $8.16. The company’s market cap is $115.64 million.

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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