NASDAQ:AQB - Aquabounty Technologies Stock Price, News & Analysis

$3.08
+0.01 (+0.33 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$3.0550
Now: $3.08
$3.14
50-Day Range
$2.93
MA: $3.31
$3.91
52-Week Range
$1.51
Now: $3.08
$5.45
Volume28,300 shs
Average Volume137,717 shs
Market Capitalization$66.53 million
P/E RatioN/A
Dividend YieldN/A
Beta1.01
AquaBounty Technologies, Inc, a biotechnology company, develops and markets products to enhance productivity in aquaculture. It offers AquAdvantage Salmon, a genetically modified Atlantic salmon for human consumption. The company was formerly known as Aqua Bounty Farms, Inc and changed its name to AquaBounty Technologies, Inc in June 2004. AquaBounty Technologies, Inc was founded in 1991 and is headquartered in Maynard, Massachusetts. Read More…

Industry, Sector and Symbol

Industry Fishing, hunting & trapping
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:AQB
CUSIPN/A
Phone978-648-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$90,000.00
Book Value$1.38 per share

Profitability

Net Income$-10,380,000.00
Net Margins-7,510.69%

Miscellaneous

Employees39
Market Cap$66.53 million
Next Earnings Date11/1/2019 (Estimated)
OptionableNot Optionable

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Aquabounty Technologies (NASDAQ:AQB) Frequently Asked Questions

What is Aquabounty Technologies' stock symbol?

Aquabounty Technologies trades on the NASDAQ under the ticker symbol "AQB."

How were Aquabounty Technologies' earnings last quarter?

Aquabounty Technologies Inc (NASDAQ:AQB) issued its quarterly earnings results on Tuesday, August, 6th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.13) by $0.06. The business earned $0.04 million during the quarter, compared to analysts' expectations of $0.01 million. Aquabounty Technologies had a negative return on equity of 46.82% and a negative net margin of 7,510.69%. View Aquabounty Technologies' Earnings History.

When is Aquabounty Technologies' next earnings date?

Aquabounty Technologies is scheduled to release their next quarterly earnings announcement on Friday, November 1st 2019. View Earnings Estimates for Aquabounty Technologies.

What price target have analysts set for AQB?

2 analysts have issued twelve-month price objectives for Aquabounty Technologies' stock. Their forecasts range from $4.00 to $5.00. On average, they expect Aquabounty Technologies' share price to reach $4.50 in the next year. This suggests a possible upside of 46.1% from the stock's current price. View Analyst Price Targets for Aquabounty Technologies.

What is the consensus analysts' recommendation for Aquabounty Technologies?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aquabounty Technologies in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Aquabounty Technologies.

What are Wall Street analysts saying about Aquabounty Technologies stock?

Here are some recent quotes from research analysts about Aquabounty Technologies stock:
  • 1. National Securities analysts commented, " Second Quarter Results. An operating loss of $4.0 million fell below our estimated loss of $2.8 million, driven largely by sequential increases in G&A from $2.0 million in the first quarter to $3.1 million in the second quarter. We believe some of the increases were one time in nature, although we believe our prior OpEx estimates in advance of commercialization were too light.
     Production Schedule On Track. With AquAdvantage Salmon (AAS) in the Indiana and Rollo Bay grow out facilities, we continue to expect initial harvests by the end of 2020. A one-time harvest of conventional salmon is also expected in the third quarter of 2020. We look for a regular introduction of AAS into the grow out phase which should enable year-round harvest.
     What Is Next? With production now underway in both facilities, we believe management is focused on securing buyers for the initial harvest and making preliminary estimates on future expansion. The commercial team is being developed, highlighted by the introduction of CCO David Melbourne Jr in the quarter. We believe expansion plans will be formally announced as commercial revenues are realized and will initially be an expansion of the current Indiana facility.
     Initial AAS Buyer The Next Major Catalyst. We believe a formal announcement of the first buyers of AAS will represent a significant catalyst for the stock. With the first harvest of AAS anticipated in the third quarter of 2020, we expect buyers to commit around the Spring of 2020. We expect investors on the sideline are awaiting this announcement, and thus believe as buyers are secured and visibility of revenue is enhanced that shares will make a meaningful and sustainable movement upward." (8/7/2019)
  • 2. According to Zacks Investment Research, "AquaBounty Technologies, Inc. is a biotechnology company. It focused on enhancing productivity in aquaculture. The company operates primarily in Maynard, Massachusetts and Fortune, Prince Edward Island. AquaBounty Technologies, Inc. is based in Maynard, United States. " (4/1/2019)

Has Aquabounty Technologies been receiving favorable news coverage?

Media stories about AQB stock have trended negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Aquabounty Technologies earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Aquabounty Technologies.

Who are some of Aquabounty Technologies' key competitors?

What other stocks do shareholders of Aquabounty Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Aquabounty Technologies investors own include Celldex Therapeutics (CLDX), Intrexon (XON), Ocular Therapeutix (OCUL), Aurora Cannabis (ACB), Rigel Pharmaceuticals (RIGL), ZIOPHARM Oncology (ZIOP), Allena Pharmaceuticals (ALNA), Biocept (BIOC), Catalyst Pharmaceuticals (CPRX) and Fibrocell Science (FCSC).

Who are Aquabounty Technologies' key executives?

Aquabounty Technologies' management team includes the folowing people:
  • Mr. David A. Frank, CFO & Treasurer (Age 59)
  • Dr. Ronald L. Stotish, Exec. Director & Chief Technology Officer (Age 70)
  • Mr. Alejandro Rojas, Chief Operating Officer of Aquabounty Farms (Age 57)
  • Ms. Sylvia Wulf, CEO, Pres & Exec. Director (Age 61)
  • Mr. Christopher H. Martin, Gen. Counsel & Company Sec. (Age 53)

Who are Aquabounty Technologies' major shareholders?

Aquabounty Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (1.95%), ARK Investment Management LLC (1.68%), CVI Holdings LLC (1.60%), Nikko Asset Management Americas Inc. (1.47%), Sumitomo Mitsui Trust Holdings Inc. (1.47%) and Morgan Stanley (0.83%). View Institutional Ownership Trends for Aquabounty Technologies.

Which major investors are buying Aquabounty Technologies stock?

AQB stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., CVI Holdings LLC, Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., ARK Investment Management LLC, FNY Investment Advisers LLC, BlackRock Inc. and Cpwm LLC. View Insider Buying and Selling for Aquabounty Technologies.

How do I buy shares of Aquabounty Technologies?

Shares of AQB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Aquabounty Technologies' stock price today?

One share of AQB stock can currently be purchased for approximately $3.08.

How big of a company is Aquabounty Technologies?

Aquabounty Technologies has a market capitalization of $66.53 million and generates $90,000.00 in revenue each year. The company earns $-10,380,000.00 in net income (profit) each year or ($0.94) on an earnings per share basis. Aquabounty Technologies employs 39 workers across the globe.View Additional Information About Aquabounty Technologies.

What is Aquabounty Technologies' official website?

The official website for Aquabounty Technologies is http://www.aquabounty.com/.

How can I contact Aquabounty Technologies?

Aquabounty Technologies' mailing address is 2 MILL & MAIN PLACE SUITE 395, MAYNARD MA, 01754. The company can be reached via phone at 978-648-6000 or via email at [email protected]


MarketBeat Community Rating for Aquabounty Technologies (NASDAQ AQB)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  147 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  306
MarketBeat's community ratings are surveys of what our community members think about Aquabounty Technologies and other stocks. Vote "Outperform" if you believe AQB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AQB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/17/2019 by MarketBeat.com Staff

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