Arq, Inc. (NASDAQ:ARQ – Get Free Report) CEO Robert E. Rasmus acquired 25,000 shares of the stock in a transaction on Monday, September 23rd. The shares were acquired at an average price of $5.25 per share, with a total value of $131,250.00. Following the transaction, the chief executive officer now directly owns 450,792 shares of the company’s stock, valued at $2,366,658. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
ARQ Price Performance
ARQ stock opened at $5.47 on Thursday. The company has a fifty day simple moving average of $6.14 and a two-hundred day simple moving average of $6.42. The firm has a market capitalization of $199.71 million, a P/E ratio of -20.26 and a beta of 1.41. The company has a quick ratio of 1.83, a current ratio of 2.68 and a debt-to-equity ratio of 0.09. Arq, Inc. has a 52 week low of $1.50 and a 52 week high of $8.26.
ARQ (NASDAQ:ARQ – Get Free Report) last released its earnings results on Monday, August 12th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The firm had revenue of $25.41 million during the quarter, compared to the consensus estimate of $20.60 million. ARQ had a negative return on equity of 2.38% and a negative net margin of 4.07%. During the same quarter last year, the business posted ($0.21) EPS. Analysts anticipate that Arq, Inc. will post -0.12 earnings per share for the current fiscal year.
Institutional Investors Weigh In On ARQ
ARQ Company Profile
Arq, Inc produces activated carbon products in North America. The company's products include granular activated carbon, powdered and granular activated carbon, and colloidal carbon products; Arq Powder Wetcake, a fine and low-ash coal waste-derived particle; and additives for air emissions control.
Featured Articles
- Five stocks we like better than ARQ
- The Role Economic Reports Play in a Successful Investment Strategy
- Should You Invest in Treasury Bills?
- What is Insider Trading? What You Can Learn from Insider Trading
- Analysts Think There’s Still Time to Get in on Edgewise, Up 332%
- When to Sell a Stock for Profit or Loss
- 3 Stocks Raising Dividends 4X Higher Than Inflation
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.