2 weeks Ago By ABMN Staff
Cerity Partners LLC purchased a new stake in shares of Arq, Inc. ( NASDAQ:ARQ – Free Report ) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 28,428 shares of the company’s stock, valued at approximately $215,000.
A number of other large investors have also recently added to or reduced their stakes in ARQ. Wellington Management Group LLP purchased a new stake in shares of ARQ in the 4th quarter valued at approximately $793,000. JPMorgan Chase & Co.
increased its holdings in ARQ by 956.7% in the 4th quarter. JPMorgan Chase & Co.
now owns 114,735 shares of the company’s stock valued at $869,000 after purchasing an additional 103,877 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in ARQ by 128.
2% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 149,119 shares of the company’s stock valued at $1,129,000 after purchasing an additional 83,784 shares during the period.
Geode Capital Management LLC lifted its stake in ARQ by 11.4% during the fourth quarter. Geode Capital Management LLC now owns 664,430 shares of the company’s stock worth $5,031,000 after purchasing an additional 67,962 shares in the last quarter.
Finally, State Street Corp lifted its stake in ARQ by 19.6% during the third quarter. State Street Corp now owns 394,751 shares of the company’s stock worth $2,317,000 after purchasing an additional 64,595 shares in the last quarter.
18.49% of the stock is currently owned by institutional investors and hedge funds. Insider Buying and Selling In related news, CTO Joseph M.
Wong sold 6,596 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $4.68, for a total value of $30,869.
28. Following the sale, the chief technology officer now owns 354,790 shares of the company’s stock, valued at $1,660,417.20.
This trade represents a 1.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink .
Insiders sold 20,588 shares of company stock valued at $96,352 in the last three months. 26.87% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth Get Our Latest Research Report on ARQ ARQ Trading Up 1.9 % NASDAQ ARQ opened at $3.68 on Friday.
The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.28 and a current ratio of 2.
89. The firm has a market cap of $155.35 million, a price-to-earnings ratio of -368.
00 and a beta of 1.46. The firm has a 50 day simple moving average of $4.
44 and a 200-day simple moving average of $5.85. Arq, Inc.
has a one year low of $3.34 and a one year high of $8.26.
ARQ ( NASDAQ:ARQ – Get Free Report ) last issued its quarterly earnings results on Wednesday, March 5th. The company reported ($0.03) EPS for the quarter, meeting the consensus estimate of ($0.
03). ARQ had a negative net margin of 0.44% and a negative return on equity of 0.
25%. The company had revenue of $27.04 million during the quarter, compared to analysts’ expectations of $28.
34 million. During the same quarter last year, the company posted $0.14 EPS.
Equities research analysts anticipate that Arq, Inc. will post -0.13 EPS for the current fiscal year.
About ARQ ( 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. Featured Articles 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 ). Receive News & Ratings for ARQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARQ and related companies with MarketBeat.com's FREE daily email newsletter .
.
