Evoqua Water Technologies (AQUA) Shares Down 2.3%
Evoqua Water Technologies Corp (NYSE:AQUA) was down 2.3% on Thursday . The stock traded as low as $16.30 and last traded at $16.06. Approximately 53,776 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 706,881 shares. The stock had previously closed at $16.44.
Several equities research analysts have weighed in on AQUA shares. Berenberg Bank started coverage on Evoqua Water Technologies in a report on Wednesday, October 3rd. They issued a “hold” rating and a $19.00 target price for the company. Raymond James upgraded Evoqua Water Technologies from an “outperform” rating to a “strong-buy” rating and set a $26.00 target price for the company in a report on Tuesday, October 2nd. Four equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $24.11.
Evoqua Water Technologies (NYSE:AQUA) last issued its quarterly earnings data on Tuesday, August 7th. The company reported $0.19 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.19. The firm had revenue of $342.48 million during the quarter, compared to analysts’ expectations of $342.99 million. Evoqua Water Technologies had a negative return on equity of 5.33% and a negative net margin of 1.01%.
About Evoqua Water Technologies (NYSE:AQUA)
Evoqua Water Technologies Corp. provides a range of water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and services. It operates through three segments: Industrial, Municipal, and Products. The Industrial segment provides capital systems and related recurring aftermarket services, parts, and consumables for treating industrial process water, utility water, and wastewater.
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