Arq, Inc. (NASDAQ:ARQ) Shares Bought by Marshall Wace LLP

Marshall Wace LLP raised its holdings in Arq, Inc. (NASDAQ:ARQ - Free Report) by 670.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,400 shares of the company's stock after buying an additional 185,700 shares during the period. Marshall Wace LLP owned about 0.51% of ARQ worth $1,615,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ARQ. Avanza Fonder AB purchased a new stake in shares of ARQ in the 4th quarter valued at about $68,000. Intech Investment Management LLC purchased a new stake in ARQ in the fourth quarter valued at approximately $89,000. SG Americas Securities LLC acquired a new stake in shares of ARQ in the fourth quarter valued at approximately $95,000. Brandywine Global Investment Management LLC purchased a new position in shares of ARQ during the fourth quarter worth approximately $121,000. Finally, Wells Fargo & Company MN increased its holdings in shares of ARQ by 66.9% in the 4th quarter. Wells Fargo & Company MN now owns 18,209 shares of the company's stock valued at $138,000 after acquiring an additional 7,298 shares during the period. 18.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Canaccord Genuity Group lowered their price objective 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.

Insider Buying and Selling at ARQ

In other news, CTO Joseph M. Wong sold 6,596 shares of the company's stock in a transaction on Monday, March 24th. The shares were sold at an average price of $4.68, for a total transaction of $30,869.28. Following the transaction, the chief technology officer now directly owns 354,790 shares of the company's stock, valued at $1,660,417.20. This represents a 1.83 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders have sold 20,588 shares of company stock valued at $96,352. 26.87% of the stock is owned by corporate insiders.

ARQ Stock Performance

Shares of ARQ stock traded up $0.42 during midday trading on Friday, hitting $4.23. The company had a trading volume of 237,820 shares, compared to its average volume of 257,760. The stock has a market cap of $178.57 million, a price-to-earnings ratio of -423.00 and a beta of 1.51. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.89 and a quick ratio of 2.28. The company's 50 day simple moving average is $4.24 and its 200 day simple moving average is $5.79. Arq, Inc. has a 52-week low of $3.34 and a 52-week high of $8.17.

ARQ (NASDAQ:ARQ - Get Free Report) last announced its quarterly earnings data on Wednesday, March 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.03). ARQ had a negative net margin of 0.44% and a negative return on equity of 0.25%. The company had revenue of $27.04 million for the quarter, compared to analysts' expectations of $28.34 million. During the same period in the previous year, the company posted $0.14 EPS. Research analysts anticipate that Arq, Inc. will post -0.13 earnings per share for the current fiscal year.

ARQ Company Profile

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.