A share price of AquaBounty Technologies Inc [AQB] is currently trading at $1.02, up 3.54%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AQB shares have gain 14.02% over the last week, with a monthly amount drifted -40.75%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
AquaBounty Technologies Inc [NASDAQ: AQB] stock has seen the most recent analyst activity on November 09, 2021, when H.C. Wainwright upgraded its rating to a Buy but kept the price target unchanged to $4.50 for it. Previously, ROTH Capital started tracking the stock with Buy rating on October 08, 2021, and set its price target to $6. On July 01, 2021, Oppenheimer initiated with a Outperform rating and assigned a price target of $7 on the stock. H.C. Wainwright downgraded its rating to a Neutral. Lake Street started tracking with a Buy rating for this stock on March 12, 2020, and assigned it a price target of $5.
AquaBounty Technologies Inc experienced fluctuations in its stock price throughout the past year between $0.81 and $6.13. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. AquaBounty Technologies Inc [NASDAQ: AQB] shares were valued at $1.02 at the most recent close of the market. An investor can expect a potential return of 194.12% based on the average AQB price forecast.
Analyzing the AQB fundamentals
Trailing Twelve Months sales for AquaBounty Technologies Inc [NASDAQ:AQB] were 1.94M which represents -77.15% decline. Gross Profit Margin for this corporation currently stands at -6.88% with Operating Profit Margin at -13.44%, Pretax Profit Margin comes in at -39.22%, and Net Profit Margin reading is -39.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.6, Equity is -0.51 and Total Capital is -0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9700 points at the first support level, and at 0.9150 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0800, and for the 2nd resistance point, it is at 1.1350.
Ratios To Look Out For
To put it in perspective, the Current Ratio for AquaBounty Technologies Inc [NASDAQ:AQB] is 1.96. Further, the Quick Ratio stands at 1.96, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 2.04, the price to book ratio is 0.04.
