6 days Ago By ABMN Staff
XTX Topco Ltd bought a new position in shares of Arq, Inc. ( NASDAQ:ARQ – Free Report ) during the 4th quarter, HoldingsChannel.com reports.
The fund bought 25,056 shares of the company’s stock, valued at approximately $190,000. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avanza Fonder AB acquired a new position in shares of ARQ in the 4th quarter valued at $68,000.
Intech Investment Management LLC acquired a new position in ARQ in the 4th quarter valued at about $89,000. SG Americas Securities LLC acquired a new position in ARQ in the 4th quarter valued at about $95,000. Brandywine Global Investment Management LLC acquired a new position in ARQ in the 4th quarter valued at about $121,000.
Finally, Wells Fargo & Company MN increased its position in ARQ by 66.9% during the 4th quarter. Wells Fargo & Company MN now owns 18,209 shares of the company’s stock worth $138,000 after purchasing an additional 7,298 shares during the period.
Institutional investors and hedge funds own 18.49% of the company’s stock. Wall Street Analysts Forecast Growth Separately, Canaccord Genuity Group dropped their target price on ARQ from $10.
00 to $9.00 and set a “buy” rating on the stock in a research report on Tuesday, February 11th. ARQ Price Performance Shares of NASDAQ:ARQ opened at $3.
68 on Tuesday. The business’s 50 day simple moving average is $4.36 and its 200-day simple moving average is $5.
84. The firm has a market capitalization of $155.35 million, a price-to-earnings ratio of -368.
00 and a beta of 1.46. The company has a debt-to-equity ratio of 0.
08, a current ratio of 2.89 and a quick ratio of 2.28.
Arq, Inc. has a 12 month low of $3.34 and a 12 month high of $8.
26. ARQ ( NASDAQ:ARQ – Get Free Report ) last posted its earnings results on Wednesday, March 5th. The company reported ($0.
03) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.03). ARQ had a negative return on equity of 0.
25% and a negative net margin of 0.44%. The firm had revenue of $27.
04 million for the quarter, compared to analyst estimates of $28.34 million. During the same quarter in the prior year, the company earned $0.
14 EPS. As a group, equities analysts forecast that Arq, Inc. will post -0.
13 earnings per share for the current fiscal year. Insider Activity at ARQ In other ARQ news, CTO Joseph M. Wong sold 6,596 shares of the stock in a transaction on Monday, March 24th.
The stock was sold at an average price of $4.68, for a total transaction of $30,869.28.
Following the transaction, the chief technology officer now owns 354,790 shares of the company’s stock, valued at $1,660,417.20. This represents a 1.
83 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link . In the last 90 days, insiders have sold 20,588 shares of company stock valued at $96,352.
26.87% of the stock is owned by corporate insiders. ARQ Profile ( Free Report ) Arq, Inc is a holding company.
It engages in the provision of environmental and emission control equipment to the power generation industry. The company operates through the following Segments: Refined Coal and Advanced Purification Technologies. The Refined Coal segment includes the Tinuum Group, Tinuum Services, and GWN Manager.
See Also Want to see what other hedge funds are holding ARQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arq, Inc. ( NASDAQ:ARQ – Free Report ).
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