ARQ (NASDAQ:ARQ - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Wednesday, May 7th. Analysts expect ARQ to post earnings of ($0.03) per share and revenue of $26.90 million for the quarter.
ARQ (NASDAQ:ARQ - Get Free Report) last announced its quarterly earnings data on Wednesday, March 5th. The company reported ($0.03) EPS for the quarter, meeting analysts' consensus estimates of ($0.03). The firm had revenue of $27.04 million for the quarter, compared to analyst estimates of $28.34 million. ARQ had a negative return on equity of 0.25% and a negative net margin of 0.44%. During the same period last year, the company earned $0.14 EPS. On average, analysts expect ARQ to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
ARQ Trading Down 0.9 %
Shares of ARQ stock traded down $0.04 on Monday, reaching $4.19. 101,694 shares of the stock were exchanged, compared to its average volume of 257,141. The stock has a 50 day moving average price of $4.24 and a 200 day moving average price of $5.79. The stock has a market cap of $176.88 million, a PE ratio of -419.00 and a beta of 1.51. ARQ has a one year low of $3.34 and a one year high of $8.17. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.89 and a quick ratio of 2.28.
Insider Buying and Selling at ARQ
In other news, CTO Joseph M. Wong sold 6,596 shares of the business's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $4.68, for a total transaction of $30,869.28. Following the completion of the transaction, the chief technology officer now directly owns 354,790 shares in the company, valued at approximately $1,660,417.20. The trade was a 1.83 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders sold 20,588 shares of company stock worth $96,352. Insiders own 26.87% of the company's stock.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group cut their target price on shares of ARQ from $10.00 to $9.00 and set a "buy" rating on the stock in a research report on Tuesday, February 11th.
Read Our Latest Report 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.
Featured Articles

Before you consider ARQ, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ARQ wasn't on the list.
While ARQ currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.