Aqua Metals Inc. (AQMS) Trading 5.4% Higher
Aqua Metals Inc. (NASDAQ:AQMS) shares traded up 5.4% on Friday . The stock traded as high as $9.20 and last traded at $8.96, with a volume of 235,349 shares. The stock had previously closed at $8.50.
Separately, Zacks Investment Research upgraded Aqua Metals from a “sell” rating to a “hold” rating in a report on Tuesday, May 10th.
The firm’s market cap is $128.65 million. The company’s 50-day moving average price is $10.42 and its 200-day moving average price is $8.17.
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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