In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of 374Water Inc (NASDAQ: SCWO) closed at $0.63 in the last session, down -7.90% from day before closing price of $0.68. In other words, the price has decreased by -$7.90 from its previous closing price. On the day, 1.6 million shares were traded. SCWO stock price reached its highest trading level at $0.71 during the session, while it also had its lowest trading level at $0.601.
Ratios:
We take a closer look at SCWO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.91 and its Current Ratio is at 3.75. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on January 03, 2024, initiated with a Buy rating and assigned the stock a target price of $3.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 18 ’24 when DAVIS RICHARD H bought 40,000 shares for $1.25 per share. The transaction valued at 50,000 led to the insider holds 160,533 shares of the business.
Gannon Chris M bought 120,000 shares of SCWO for $150,000 on Nov 18 ’24. The President & CEO now owns 120,000 shares after completing the transaction at $1.25 per share. On Nov 18 ’24, another insider, Deshusses Marc, who serves as the Director of the company, bought 32,000 shares for $1.25 each. As a result, the insider paid 40,000 and bolstered with 22,652,451 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SCWO now has a Market Capitalization of 89659496 and an Enterprise Value of 176750656. Its current Enterprise Value per Revenue stands at 722.227 whereas that against EBITDA is -17.085.
Stock Price History:
The Beta on a monthly basis for SCWO is -0.39, which has changed by -0.519084 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, SCWO has reached a high of $1.99, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -39.12%, while the 200-Day Moving Average is calculated to be -48.77%.
Shares Statistics:
According to the various share statistics, SCWO traded on average about 226.07K shares per day over the past 3-months and 517610 shares per day over the past 10 days. A total of 133.17M shares are outstanding, with a floating share count of 71.97M. Insiders hold about 49.66% of the company’s shares, while institutions hold 11.60% stake in the company. Shares short for SCWO as of 1730332800 were 3849275 with a Short Ratio of 13.15, compared to 1727654400 on 3725447. Therefore, it implies a Short% of Shares Outstanding of 3849275 and a Short% of Float of 5.94.
