Aquabounty Technologies Inc (NASDAQ:AQB) has received an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Analysts have set a 12 month consensus price objective of $3.75 for the company and are expecting that the company will post ($0.21) EPS for the current quarter, according to Zacks. Zacks has also assigned Aquabounty Technologies an industry rank of 69 out of 255 based on the ratings given to its competitors.
A number of research analysts have recently commented on the company. Zacks Investment Research cut Aquabounty Technologies from a “hold” rating to a “sell” rating in a research note on Tuesday, January 15th. ValuEngine cut Aquabounty Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 21st. Finally, HC Wainwright set a $4.00 price objective on Aquabounty Technologies and gave the stock a “buy” rating in a research note on Friday, November 16th.
NASDAQ AQB traded up $0.08 during trading hours on Monday, hitting $2.50. 23,364 shares of the company were exchanged, compared to its average volume of 20,391. The stock has a market capitalization of $37.75 million, a P/E ratio of -2.36 and a beta of 0.32. Aquabounty Technologies has a 52 week low of $1.51 and a 52 week high of $4.30. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.98 and a quick ratio of 0.94.
Aquabounty Technologies Company Profile
AquaBounty Technologies, Inc, a biotechnology company, develops and markets products to enhance productivity in aquaculture. It offers AquAdvantage Salmon, a genetically modified Atlantic salmon for human consumption. The company was formerly known as Aqua Bounty Farms, Inc and changed its name to AquaBounty Technologies, Inc in June 2004.
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