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Aqua Metals Inc (AQMS) Becoming More Attractive for Investors

Aqua Metals Inc’s filing revealed that its Director DIVITO VINCENT L acquired Company’s shares for reported $4450.0 on Nov 17 ’23. In the deal valued at $0.89 per share,5,000 shares were bought. As a result of this transaction, DIVITO VINCENT L now holds 339,590 shares worth roughly $0.2 million.

Then, SMITH EDWARD J bought 90,500 shares, generating $99,550 in total proceeds. Upon buying the shares at $1.10, the Director now owns 309,050 shares.

Before that, Zhang Peifang bought 72,900 shares. Aqua Metals Inc shares valued at $80,190 were divested by the Director at a price of $1.10 per share. As a result of the transaction, Zhang Peifang now holds 251,050 shares, worth roughly $0.15 million.

Oppenheimer downgraded its Aqua Metals Inc [AQMS] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. Alliance Global Partners also remained covering AQMS and has decreased its forecast on December 03, 2019 with a “Neutral” recommendation from previously “Buy” rating. Euro Pacific Capital maintained its rating on February 14, 2018. It rated AQMS as “a Buy”.

Price Performance Review of AQMS

On Tuesday, Aqua Metals Inc [NASDAQ:AQMS] saw its stock fall -3.23% to $0.60. Over the last five days, the stock has lost -10.13%. Aqua Metals Inc shares have fallen nearly -21.66% since the year began. Nevertheless, the stocks have fallen -38.81% over the past one year. While a 52-week high of $1.76 was reached on 01/02/24, a 52-week low of $0.46 was recorded on 03/05/24. SMA at 50 days reached $0.5457, while 200 days put it at $0.8852. A total of 0.2 million shares were traded, compared to the trading of 0.22 million shares in the previous session.

Levels Of Support And Resistance For AQMS Stock

The 24-hour chart illustrates a support level at 0.5831, which if violated will result in even more drops to 0.5708. On the upside, there is a resistance level at 0.6146. A further resistance level may holdings at 0.6338. The Relative Strength Index (RSI) on the 14-day chart is 54.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0590, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.03%. Stochastics %K at 67.76% indicates the stock is a holding.

How much short interest is there in Aqua Metals Inc?

A steep rise in short interest was recorded in Aqua Metals Inc stocks on Mar 15, 2024, growing by 50000.0 shares to a total of 4.36 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 4.31 million shares. There was a rise of 1.15%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 4.21% of the overall stock float, the days-to-cover ratio (short ratio) rose to 9.86.

The most recent change occurred on June 22, 2017 when Rodman & Renshaw began covering the stock and recommended ‘”a Buy”‘ rating along with a $25 price target.

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