Aqua Metals Inc (NASDAQ:AQMS) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 11, 2016
Zacks Investment Research has upgraded Aqua Metals Inc (NASDAQ:AQMS) to Hold in a statement released on 10/11/2016.
Boasting a price of $8.88, Aqua Metals Inc (NASDAQ:AQMS) traded -1.55% lower on the day. With the last stock price close down -5.42% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Aqua Metals Inc has recorded a 50-day average of $8.94 and a two hundred day average of $9.39. Volume of trade was down over the average, with 58,200 shares of AQMS changing hands under the typical 151,117
With a total market value of $0, Aqua Metals Inc has with a one year low of $4.50 and a one year high of $13.07 .
Brief Synopsis 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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