AquaBounty stock: buy or sell?
August 23rd, 2019
AquaBounty Technologies, Inc., a biotechnology company, develops and markets products to enhance productivity in aquaculture.
Should I buy AquaBounty stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with AquaBounty stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is AquaBounty Technologies stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we gathered 4 ratings published for AQB stock in the last 30 days. The general sentiment of these ratings is bullish for AQB stock, with 4 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
AquaBounty stock analysis
AquaBounty Technologies shares eased -1.95% to $3.02 today.
Shares of AquaBounty Technologies ended today at $3.02 and eased a tragic -1.95%. For the last 39 days when SMA100d and SMA200d crossed up, AQB price slipped $-0.46 per share (-13.22%). Since June when AQB stock price broke up the SMA200d line, it gained $0.78 (34.82%).
After sliding a chilling -7.14% in a week last week, AquaBounty Technologies closed this week at $3.02 and decreased a tragic -1.95%. Early July AQB climbed an astounding 11.78% in just one week.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $4.08 resistance. Since late June when SMA20w and SMA40w crossed up, AQB price slipped $-0.08 per share (-2.58%). Since mid June when AQB stock price broke up the SMA40w line, it gained $0.93 (44.50%).
AquaBounty stock price history
AquaBounty stock went public on January 10th, 2017 with a price of $0.101. Since then, AQB stock grew a 2,920.00%, with a yearly average of 1,460.00%. If you had invested $1,000 in AquaBounty stock in 2017, it would worth $29,200.00 today.
1: Adjusted price after possible price splits or reverse-splits.
AquaBounty stock historical price chart
AQB stock reached 52-week highs on March at $5.45, and all-time highs 2017-01-12 with a price of 30.5.
AquaBounty stock price target is $5.50Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 4 price forecasts for AQB stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-3-20||National Securities||Lowers Target||$6.50||$5.50||-15.4%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn March, AquaBounty presented its financial report, posting an extraordinary gain for the Earnings per Share (EPS). Analyst expected $-0.21 per share, but AquaBounty posted $-0.30.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, AquaBounty Technologies annual revenues boosted an amazing 58.64% to $0.08 million USD from $0.05 marked in 2017. Similarly, its profit margin (compared to revenues) skyrocketed to -12,283.89%, that is $-10.38 million.
|2017||$0.05 M||-||$-9.26 M-17378.0%||-|
|2018||$0.08 M||58.64%||$-10.38 M-12283.9%||12.13%|
Quarterly financial resultsAquaBounty Technologies posted $0.01 million in revenues for 2018-Q4, a -39.80% less compared to previous quarter. Reported quarter income marked $-2.42 million with a profit margin of -36,812.30%. Profit margin plunged a -11,880.59% compared to previous quarter when profit margin was -24,931.71%. When comparing turnover to same quarter last year, AquaBounty sales marked an exceptional increase and climbed a inf%. Looking back to recent quarterly results, AquaBounty posted 2 negative quarters in a row.
|2017-Q2||$0.05 M||-||$-2.09 M-3922.8%||-|
|2018-Q1||$0.02 M||-64.16%||$-2.45 M-12828.1%||17.21%|
|2018-Q2||$0.05 M||150.81%||$-2.78 M-5806.4%||13.53%|
|2018-Q3||$0.01 M||-77.16%||$-2.73 M-24931.7%||-1.95%|
|2018-Q4||$0.01 M||-39.80%||$-2.42 M-36812.3%||-11.11%|
AquaBounty ownershipWhen you are planning to buy shares of a stock, it's always worth to overview its ownership structure.
AquaBounty shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 5.33% of all shares.
In case of AquaBounty stock, 47.94% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for AQB stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to AquaBounty Technologies:
|Market cap||$19.5 M||$1.2 B||$175.7 M|
|Total shares||6.5 M||98.6 M||36.8 M|
|Float shares||10.2 M||93.6 M||15.8 M|
|- Institutional holdings (%)||47.9%||98.0%||72.6%|
|- Insider holdings (%)||5.3%||2.1%||12.8%|
|Shares in short selling||0.0%||0.0%||0.0%|
|Friday, August 23rd, 2019|
|Day range||$3.00 - $3.10|
|Average true range||$0.15|
|50d mov avg||$3.17|
|100d mov avg||$2.71|
|200d mov avg||$2.55|
AquaBounty performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For AquaBounty Technologies, the comparison is made against Momenta Pharmaceuticals and Molecular Templates.