Sentinel Trust Co. LBA trimmed its position in shares of 374Water Inc. (NASDAQ:SCWO - Free Report) by 90.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 40,130 shares of the company's stock after selling 361,170 shares during the quarter. Sentinel Trust Co. LBA owned approximately 0.24% of 374Water worth $82,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in SCWO. D.A. Davidson & CO. boosted its stake in 374Water by 37.5% during the 3rd quarter. D.A. Davidson & CO. now owns 1,012,894 shares of the company's stock worth $291,000 after purchasing an additional 276,349 shares during the last quarter. CW Advisors LLC acquired a new stake in shares of 374Water in the second quarter valued at about $117,000. Qube Research & Technologies Ltd purchased a new position in shares of 374Water in the second quarter worth about $93,000. Marshall Wace LLP purchased a new position in shares of 374Water in the second quarter worth about $57,000. Finally, Two Sigma Investments LP acquired a new position in 374Water during the third quarter worth about $41,000. 12.16% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of 374Water in a research note on Monday, April 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, 374Water has a consensus rating of "Sell".
View Our Latest Stock Analysis on SCWO
374Water Stock Performance
Shares of SCWO opened at $2.97 on Monday. 374Water Inc. has a 12-month low of $1.63 and a 12-month high of $10.90. The firm has a market capitalization of $51.80 million, a P/E ratio of -2.47 and a beta of -0.14. The firm has a 50-day moving average price of $2.85 and a 200 day moving average price of $3.03. The company has a current ratio of 1.40, a quick ratio of 1.05 and a debt-to-equity ratio of 0.01.
About 374Water
(
Free Report)
374Water, Inc NASDAQ: SCWO develops and commercializes advanced water treatment technologies based on supercritical water oxidation (SCWO). The company’s flagship offering utilizes high-temperature and high-pressure conditions to oxidize organic contaminants in industrial and agricultural wastewater, converting harmful substances into benign end products such as clean water, carbon dioxide, and salts. This proprietary process is capable of destroying a wide range of pollutants, including hydrocarbons, PFAS, and biological sludges, without the need for harmful chemicals or lengthy residence times.
In addition to manufacturing modular SCWO reactors, 374Water provides end-to-end solutions encompassing system design, engineering, installation, pilot testing, commissioning, and ongoing maintenance.
Read More
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