Aqua Metals Inc (NASDAQ:AQMS) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 30, 2016
Boasting a price of $8.86, Aqua Metals Inc (NASDAQ:AQMS) traded -0.89% lower on the day. The last close is down -3.62% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Aqua Metals Inc has recorded a 50-day moving average of $8.91 and a 200-day moving average of $9.19. 192,458 shares of the stock were exchanged, up from an average trading volume of 152,469
Zacks Investment Research has downgraded Aqua Metals Inc (NASDAQ:AQMS) to Sell in a statement released on 09/30/2016.
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Aqua Metals Inc has a 52 week low of $4.50 and a 52 week high of $13.07 The company’s market cap is currently $0.
About Aqua Metals Inc (NASDAQ:AQMS)
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. Its AquaRefining process begins with the crushing of used LABs and the separation of the metallic lead, active material (lead compounds), sulfuric acid and plastic for recycling. The active material is dissolved in its solvent. The primary lead is then stripped from the solvent using its automated process allowing the solvent to be reused continuously and indefinitely. Its AquaRefining process generates over three outputs, such as lead; cleaned plastic chips, recovered from battery casings, and sulfuric acid. The Company has not generated revenues.
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