AquaBounty Technologies (NASDAQ:AQB) Stock Price Up 1.6%

Shares of AquaBounty Technologies, Inc. (NASDAQ:AQB) rose 1.6% on Thursday . The stock traded as high as $1.85 and last traded at $1.85. Approximately 6,125 shares changed hands during trading, a decline of 79% from the average daily volume of 29,286 shares. The stock had previously closed at $1.82.

Analyst Ratings Changes

Separately, Oppenheimer restated a “market perform” rating on shares of AquaBounty Technologies in a research note on Tuesday, April 2nd.

AquaBounty Technologies Trading Up 1.6 %

The firm has a fifty day simple moving average of $2.08 and a two-hundred day simple moving average of $2.41. The stock has a market cap of $7.14 million, a PE ratio of -0.25 and a beta of 1.32. The company has a current ratio of 0.80, a quick ratio of 0.68 and a debt-to-equity ratio of 0.05.

AquaBounty Technologies (NASDAQ:AQB) last announced its quarterly earnings data on Monday, April 1st. The company reported ($2.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.52) by ($0.67). The firm had revenue of $0.55 million for the quarter, compared to analysts’ expectations of $0.73 million. AquaBounty Technologies had a negative net margin of 1,114.81% and a negative return on equity of 15.68%. As a group, equities analysts expect that AquaBounty Technologies, Inc. will post -4.5 earnings per share for the current fiscal year.

About AquaBounty Technologies

AquaBounty Technologies, Inc, a biotechnology company, focuses on enhancing productivity in the commercial aquaculture industry in the United States and Canada. It engages in genetic, genomic, and fish health and nutrition research activities. The company also operates salmon farms using proprietary technology.