374Water (NASDAQ:SCWO) Announces Earnings Results

374Water (NASDAQ:SCWO) released its earnings results on Wednesday. The company reported ($0.02) earnings per share for the quarter, hitting the consensus estimate of ($0.02), Zacks reports. The business had revenue of $0.04 million for the quarter.

374Water Stock Down 3.5 %

SCWO traded down $0.04 on Friday, reaching $1.09. 33,533 shares of the company traded hands, compared to its average volume of 113,393. The firm has a fifty day simple moving average of $1.14 and a two-hundred day simple moving average of $1.25. The company has a market cap of $144.61 million, a P/E ratio of -18.17 and a beta of -0.41. 374Water has a one year low of $0.83 and a one year high of $2.09.

374Water Company Profile

374Water Inc provides a technology that transforms wet wastes into recoverable resources in the United States. The company transforms wet wastes, including sewage sludge, biosolids, food waste, hazardous and non-hazardous waste, and forever chemicals. It offers AirSCWO systems, a waste stream treatment system based on supercritical water oxidation that are used to treat various hazardous and non-hazardous waste streams.