AquaBounty Technologies Inc. (AQB): Key fundamentals of AQB

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AquaBounty Technologies Inc. (NASDAQ:AQB) changes shares on Wednesday trading session, with a change of -8.24% or -$0.28 shares. The trading starts at $3.26 and closed at $3.40 throughout the day. The trading session low price was $3.12 and day high was $3.4429 on Wednesday, June 24. After the session, the Consumer Defensive sector daily volume shifted to 0.2 million while its average volume is 108.76K. In other hand, the AQB market cap reached to $98.12M. While, its current target price is $3.12 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 12.23% and up 7.22% for month. Its quarterly performance was 72.38% above, while its half year performance is up 50.00%. AQB yearly performance stood at positive 2.30% and rise 43.78% for year-to-date. Current recommendation for AquaBounty Technologies Inc. is 1.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AQB EPS (TTM) for 12-month is -0.60. EPS for this year is 17.30%, while for the next year its value is -0.26. Its EPS Q/Q reached 34.90%. It has an EPS of 15.40% up for past five years.

Let’s take a look on the analyst recommendations on AQB for the current month and previous month. For the current month, 3 of 3 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $3.50-$5.00. Average target price for AQB was reached at $4.50.

Third Security, LLC, Archon Capital Management LLC and EPIQ Partners, LLC are the top three holders in AquaBounty Technologies Inc. (AQB) stock. On Mar 30, 2020, Third Security, LLC has 14.25 million shares which valued 23.23 million. On Mar 30, 2020, Archon Capital Management LLC owned 1.88 million shares which valued at 3.07 million. On Mar 30, 2020, EPIQ Partners, LLC has a total of 0.63 million shares which valued at 1.03 million. In the end, EPIQ Partners, LLC have 1.97% shares outstanding of AquaBounty Technologies Inc. (AQB) on Mar 30, 2020. The insider ownership moved to 1.10% and institutional holding shifted to 59.20%.

The company posted an EPS (TTM) of -0.60. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of -0.11, while -0.19 EPS posted a year ago period. Analyst Estimated EPS for AQB published in the report was -0.12–0.1 during the same period. Comparing with last year, the average estimated EPS was -0.19 which is lower than -0.11 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AQB rise 40.45% for period of 200 days. SMA for 50 days was 34.12% which is showing green signal, while SMA-20 was 12.64%. The moving average value for AquaBounty Technologies Inc. (AQB) is 2.1194 and 2.5784 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AQB stock. On Feb 13, KIRK RANDAL J, 10% Owner, bought 5,175,000 trading shares at the cost of $1.50, which valued at 7.76 million. On Feb 13, FRANK DAVID A, See Remarks, bought 35,000 shares at the cost of $1.50, with total shares of 35,000.