ARQ (NASDAQ:ARQ) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

ARQ (NASDAQ:ARQ) posted its quarterly earnings results on Monday. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.01), Yahoo Finance reports. ARQ had a negative return on equity of 4.65% and a negative net margin of 8.15%. The company had revenue of $25.41 million during the quarter, compared to analysts’ expectations of $20.60 million. During the same period in the prior year, the firm earned ($0.21) EPS.

ARQ Trading Up 0.8 %

NASDAQ:ARQ traded up $0.05 during mid-day trading on Wednesday, reaching $5.95. The company’s stock had a trading volume of 82,709 shares, compared to its average volume of 242,426. ARQ has a 12-month low of $1.50 and a 12-month high of $8.26. The firm’s fifty day simple moving average is $6.02. The company has a current ratio of 3.28, a quick ratio of 2.29 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $214.44 million, a PE ratio of -21.85 and a beta of 1.40.

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.