374Water (NASDAQ:SCWO) Announces Earnings Results

374Water (NASDAQ:SCWO) posted its quarterly earnings results on Wednesday. The company reported ($0.02) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.02), Zacks reports. 374Water had a negative return on equity of 48.86% and a negative net margin of 406.05%.

374Water Price Performance

Shares of SCWO stock traded up $0.03 during trading on Thursday, reaching $1.42. The company had a trading volume of 25,288 shares, compared to its average volume of 106,508. The firm’s 50 day simple moving average is $1.33 and its two-hundred day simple moving average is $1.30. 374Water has a one year low of $0.97 and a one year high of $3.46. The company has a market capitalization of $188.34 million, a PE ratio of -28.00 and a beta of -0.16.

About 374Water

374Water Inc provides a technology that transforms wet wastes into recoverable resources in the United States. The company transforms wet wastes, including sewage sludge, biosolids, food waste, hazardous and non-hazardous waste, and forever chemicals. It offers AirSCWO systems, a waste stream treatment system based on supercritical water oxidation that are used to treat various hazardous and non-hazardous waste streams.