Key Points
- Director purchase: Director Richard Campbell-Breeden bought 28,638 shares on Nov. 11 at $3.54 each for $101,378.52, raising his direct stake to 254,786 shares — a 12.66% ownership increase.
- Earnings and analyst backdrop: ARQ missed quarterly EPS (reported $(0.02) vs. $0.02 consensus) and shows negative margins, with analysts expecting -$0.13 EPS for the year and a mixed consensus rating of "Moderate Buy" (average target $9.33).
- Market snapshot: Shares traded at $3.61 (up ~1%), market cap about $153.9M, one‑year range $3.34–$8.11, and institutional investors own roughly 18.5% of the stock.
Arq, Inc. (NASDAQ:ARQ - Get Free Report) Director Richard Campbell-Breeden purchased 28,638 shares of ARQ stock in a transaction that occurred on Tuesday, November 11th. The stock was purchased at an average price of $3.54 per share, with a total value of $101,378.52. Following the completion of the purchase, the director directly owned 254,786 shares in the company, valued at $901,942.44. This trade represents a 12.66% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
ARQ Stock Up 1.0%
Shares of ARQ stock traded up $0.04 on Friday, reaching $3.61. 228,052 shares of the company were exchanged, compared to its average volume of 274,741. The company has a market cap of $153.91 million, a price-to-earnings ratio of -90.13 and a beta of 1.96. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.10 and a quick ratio of 0.65. Arq, Inc. has a one year low of $3.34 and a one year high of $8.11. The company has a 50-day moving average of $6.60 and a 200-day moving average of $5.91.
ARQ (NASDAQ:ARQ - Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.04). ARQ had a negative return on equity of 0.07% and a negative net margin of 1.40%. Analysts anticipate that Arq, Inc. will post -0.13 earnings per share for the current year.
Institutional Trading of ARQ
Institutional investors and hedge funds have recently modified their holdings of the business. Nisa Investment Advisors LLC acquired a new position in ARQ during the 2nd quarter valued at about $25,000. Walleye Capital LLC bought a new stake in shares of ARQ in the 1st quarter worth approximately $44,000. The Manufacturers Life Insurance Company increased its stake in ARQ by 13.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,739 shares of the company's stock worth $63,000 after purchasing an additional 1,413 shares in the last quarter. AlphaQuest LLC purchased a new position in shares of ARQ during the third quarter valued at $83,000. Finally, Jane Street Group LLC purchased a new stake in ARQ in the 2nd quarter worth approximately $93,000. 18.49% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts recently commented on ARQ shares. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of ARQ in a report on Wednesday, October 8th. Zacks Research cut ARQ from a "hold" rating to a "strong sell" rating in a research note on Monday. Wall Street Zen cut ARQ from a "hold" rating to a "sell" rating in a research note on Saturday, November 8th. Finally, Canaccord Genuity Group dropped their price objective on shares of ARQ from $11.00 to $8.00 and set a "buy" rating on the stock in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $9.33.
Check Out Our Latest Analysis on ARQ
About ARQ
(
Get Free Report)
Arq, Inc is a holding company. It engages in the provision of environmental and emission control equipment to the power generation industry. The company operates through the following Segments: Refined Coal and Advanced Purification Technologies. The Refined Coal segment includes the Tinuum Group, Tinuum Services, and GWN Manager.
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