Aqua Metals (NASDAQ:AQMS) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Aqua Metals, Inc. (NASDAQ:AQMS) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.13 and traded as high as $2.61. Aqua Metals shares last traded at $2.29, with a volume of 79,672 shares traded.

Aqua Metals Trading Down 10.5 %

The company has a market capitalization of $16.33 million, a PE ratio of -0.48 and a beta of 0.97. The company has a fifty day simple moving average of $2.13 and a 200-day simple moving average of $2.90.

Institutional Investors Weigh In On Aqua Metals

An institutional investor recently raised its position in Aqua Metals stock. Geode Capital Management LLC raised its position in Aqua Metals, Inc. (NASDAQ:AQMS) by 22.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,341,382 shares of the business services provider’s stock after purchasing an additional 249,266 shares during the quarter. Geode Capital Management LLC owned about 19.67% of Aqua Metals worth $251,000 as of its most recent SEC filing. 21.98% of the stock is currently owned by institutional investors and hedge funds.

About Aqua Metals

Aqua Metals, Inc engages in reinventing metals recycling activities with its patented AquaRefining technology. The company's technology produces metals and alloys that can be returned into the battery manufacturing supply chain markets, as well as sells metals for use in various advanced manufacturing industries.