AquaBounty stock: buy or sell?

AQB stock price: $3.02 -1.95% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

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AquaBounty eased a tragic -1.95% and closed at $3.02. With Friday it's been 3 sliding days in a row, loosing $-0.20 (-6.51%).

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.
Is AQB a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-7National SecuritiesBuyBuy
2019-6-10National SecuritiesBuyBuy
2019-3-6National Securitiesn/aBuy
2019-3-20National SecuritiesBuyBuy

AquaBounty stock analysis

Daily outlook

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%).

AQB stock chart (daily)

Weekly outlook

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%).

AQB stock chart (weekly)

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 $5.50

Predicting 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:
AQB stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-7National SecuritiesReiterates$5.00$5.000%
2019-6-10National SecuritiesReiterates$5.00$5.000%
2019-3-6National SecuritiesInitiatesn/a$6.50-
2019-3-20National SecuritiesLowers Target$6.50$5.50-15.4%
(in average)$5.50$5.500.0%
The price prediction for AquaBounty Technologies stock is $5.50, moving in a range between $6.50 and $5.00. In average, analysts' outlook on AQB price target is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
AQB earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-03-08n/a-0.3n/a
2018-Q12018-05-08n/a-0.21n/a
2018-Q22018-08-07-0.19-0.22n/a
2018-Q32018-11-02-0.2-0.21n/a
2018-Q42019-03-07-0.21-0.3n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 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.

AQB annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2017$0.05 M-$-9.26 M-17378.0%-
2018$0.08 M58.64%$-10.38 M-12283.9%12.13%

Quarterly financial results

AquaBounty 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.
AQB quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
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$0.05 M150.81%$-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 ownership

When 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:

AQBMNTAMTEM
Market cap$19.5 M$1.2 B$175.7 M
Total shares6.5 M98.6 M36.8 M
Float shares10.2 M93.6 M15.8 M
  - Institutional holdings (%)47.9%98.0%72.6%
  - Insider holdings (%)5.3%2.1%12.8%
Shares in short selling0.0%0.0%0.0%

AquaBounty summary

Friday, August 23rd, 2019
Open$3.05
Close$3.02
Day range$3.00 - $3.10
Previous close$3.08
Session gain-1.95%
Average true range$0.15
50d mov avg$3.17
100d mov avg$2.71
200d mov avg$2.55
Daily patternlt01a
Weekly pattern lb02a

AquaBounty performance

Performance 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.
Stock3m6m12m
AQBAquaBounty Techno...41.12%13.53%6.34%
MNTAMomenta Pharmaceu...-1.96%-20.40%-55.73%
MTEMMolecular Templat...-41.06%-7.54%-6.27%

AquaBounty competitors

Choosing a list of competitors for AquaBounty Technologies it's a hard job. We selected 2 public companies that are related to and can be considered as competitors of AquaBounty Technologies: