What Are The Chances Of AquaBounty Technologies Inc. (AQB) Being A Good Investment?
AquaBounty Technologies Inc. (NASDAQ:AQB) has a beta value of 1.08 and has seen 1.41 million shares traded in the last trading session. The company, currently valued at $417.92M, closed the last trade at $5.79 per share which meant it lost -$0.45 on the day or -7.21% during that session. The AQB stock price is -130.05% off its 52-week high price of $13.32 and 58.72% above the 52-week low of $2.39. If we look at the companys 10-day average daily trading volume, we find that it stood at 1.32 million shares traded. The 3-month trading volume is 1.43 million shares. The consensus among analysts is that AquaBounty Technologies Inc. (AQB) is an Overweight stock at the moment, with a recommendation rating of 2.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.05. AquaBounty Technologies Inc. (NASDAQ:AQB) trade information  Sporting -7.21% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 06/15/21 when the AQB stock price touched $5.79 or saw a rise of 11.33%. Year-to-date, AquaBounty Technologies Inc. shares have moved -33.90%, while the 5-day performance has seen it change -6.46%. Over the past 30 days, the shares of AquaBounty Technologies Inc. (NASDAQ:AQB) have changed 18.65%. Short interest in the company has seen 3.56 million shares shorted with days to cover at 1.87. Wall Street analysts have a consensus price target for the stock at $15.00, which means that the shares value could jump 61.4% from current levels. The projected low price target is $15.00 while the price target rests at a high of $15.00. In that case, then, we find that the current price level is -159.07% off the targeted high while a plunge would see the stock gain -159.07% from current levels. AquaBounty Technologies Inc. (AQB) estimates and forecasts  Figures show that AquaBounty Technologies Inc. shares have outperformed across the wider relevant industry. The companys shares have lost -20.03% over the past 6 months, with this year growth rate of 64.44%, compared to 8.70% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 54.50% and 44.40% for the next quarter. Revenue growth from the last financial year stood is estimated to be 2,712.50%. 2 analysts offering their estimates for the company have set an average revenue estimate of $530k for the current quarter. 2 have an estimated revenue figure of $1 million for the next quarter concluding in Sep 2021. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 20.20% over the past 5 years. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  AQB Dividends  AquaBounty Technologies Inc. is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. AquaBounty Technologies Inc. (NASDAQ:AQB)s Major holders  Insiders own 1.19% of the company shares, while shares held by institutions stand at 47.30% with a share float percentage of 47.87%. Investors are also buoyed by the number of investors in a company, with AquaBounty Technologies Inc. having a total of 101 institutions that hold shares in the company. The top two institutional holders are Third Security, LLC with over 18.22 million shares worth more than $159.61 million. As of Dec 30, 2020, Third Security, LLC held 25.65% of shares outstanding. The other major institutional holder is ARK Investment Management, LLC, with the holding of over 8.64 million shares as of Dec 30, 2020. The firms total holdings are worth over $75.69 million and represent 12.17% of shares outstanding. Also the top two Mutual Funds that are holding companys shares are ARK ETF Tr-ARK Genomic Revolution ETF and Vanguard Total Stock Market Index Fund. As of Mar 30, 2021, the former fund manager holds about 10.20% shares in the company for having 7.25 million shares of worth $48.56 million while later fund manager owns 0.92 million shares of worth $8.09 million as of Dec 30, 2020, which makes it owner of about 1.30% of companys outstanding stock.