374Water (NASDAQ:SCWO – Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.01), Zacks reports. The firm had revenue of $0.01 million for the quarter, compared to analyst estimates of $0.10 million.
374Water Price Performance
Shares of NASDAQ SCWO opened at $0.34 on Friday. The company has a market cap of $44.74 million, a price-to-earnings ratio of -4.20 and a beta of -0.01. The stock’s 50-day moving average is $0.40 and its two-hundred day moving average is $0.91. 374Water has a 1-year low of $0.30 and a 1-year high of $1.99.
Insider Transactions at 374Water
In other news, major shareholder Yaacov Nagar sold 61,268 shares of 374Water stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $0.63, for a total transaction of $38,598.84. Following the completion of the sale, the insider now directly owns 36,989,484 shares of the company’s stock, valued at approximately $23,303,374.92. The trade was a 0.17 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders sold 567,224 shares of company stock valued at $289,063. 54.32% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Get Our Latest Report on 374Water
374Water Company Profile
374Water Inc provides a technology that transforms wet wastes into recoverable resources in the United States. The company transforms wet wastes, including sewage sludge, biosolids, food waste, hazardous and non-hazardous waste, and forever chemicals. It offers AirSCWO systems, a waste stream treatment system based on supercritical water oxidation that are used to treat various hazardous and non-hazardous waste streams.
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