AquaBounty Technologies, Inc. (NASDAQ:AQB – Get Free Report) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 423,300 shares, a growth of 452.6% from the December 15th total of 76,600 shares. Currently, 11.7% of the shares of the company are short sold. Based on an average daily volume of 425,500 shares, the days-to-cover ratio is currently 1.0 days.
AquaBounty Technologies Price Performance
NASDAQ AQB opened at $0.74 on Tuesday. The business’s fifty day moving average is $0.84 and its 200 day moving average is $1.13. The company has a market capitalization of $2.86 million, a PE ratio of -0.04 and a beta of 1.17. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.02. AquaBounty Technologies has a fifty-two week low of $0.47 and a fifty-two week high of $2.79.
AquaBounty Technologies (NASDAQ:AQB – Get Free Report) last issued its earnings results on Tuesday, November 5th. The company reported ($0.88) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.88). AquaBounty Technologies had a negative net margin of 5,842.69% and a negative return on equity of 18.20%. The firm had revenue of $0.05 million during the quarter, compared to analyst estimates of $0.10 million. During the same quarter in the prior year, the business earned ($1.60) earnings per share. Sell-side analysts predict that AquaBounty Technologies will post -4.86 earnings per share for the current year.
AquaBounty Technologies Company Profile
AquaBounty Technologies, Inc, a biotechnology company, operates in the aquaculture industry in the United States and Canada. The company engages in genetic, genomic, and fish health and nutrition research activities. It also operates salmon farms using proprietary technology. In addition, the company offers AquAdvantage Salmon, a genetically engineered Atlantic salmon for human consumption; and sells conventional Atlantic salmon, salmon eggs, fry, and byproducts.
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