ARQ (NASDAQ:ARQ) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

ARQ (NASDAQ:ARQ) posted its earnings results on Monday. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01), Yahoo Finance reports. The firm had revenue of $25.41 million for the quarter, compared to the consensus estimate of $20.60 million. ARQ had a negative net margin of 8.15% and a negative return on equity of 4.65%. During the same quarter in the prior year, the company posted ($0.21) earnings per share.

ARQ Stock Down 0.7 %

Shares of ARQ traded down $0.04 during mid-day trading on Tuesday, hitting $5.60. 59,480 shares of the company traded hands, compared to its average volume of 241,717. The firm’s 50 day simple moving average is $6.03. The company has a market capitalization of $201.82 million, a P/E ratio of -20.89 and a beta of 1.40. ARQ has a 1-year low of $1.50 and a 1-year high of $8.26. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.28 and a quick ratio of 2.29.

About ARQ

Arq, Inc produces activated carbon products in North America. The company's products include granular activated carbon, powdered and granular activated carbon, and colloidal carbon products; Arq Powder Wetcake, a fine and low-ash coal waste-derived particle; and additives for air emissions control.