Arq Inc (ARQ) Receives a Buy from Canaccord Genuity
TipRanks (Tue, 11-Feb 6:56 AM ET)
Arq Schedules Q4 & FY 2024 Earnings Conference Call and Upcoming Investor Events
Globe Newswire (Fri, 7-Feb 8:05 AM ET)
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Globe Newswire (Fri, 7-Feb 8:00 AM ET)
Arq Announces Successful Closing of $30 million Revolving Credit Facility
Globe Newswire (Thu, 2-Jan 8:00 AM ET)
Arq Inc is an environmental technology company principally engaged in the sale of consumable air, water, and soil treatment solutions including activated carbon (AC) and chemical technologies. The company manufactures and sells activated carbon and other chemicals used to capture and remove contaminants for the coal-fired power generation, industrial, municipal water and air, water and soil treatment and remediation markets. Some of the products in its portfolio are Powdered Activated Carbon, Granular Activated Carbon, and Colloidal Carbon Product among others.
Arq trades on the NASDAQ stock market under the symbol ARQ.
As of February 13, 2025, ARQ stock price declined to $5.83 with 140,317 million shares trading.
ARQ has a beta of 1.80, meaning it tends to be more sensitive to market movements. ARQ has a correlation of 0.08 to the broad based SPY ETF.
ARQ has a market cap of $245.05 million. This is considered a Small Cap stock.
Last quarter Arq reported $35 million in Revenue and $.04 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.01.
The top ETF exchange traded funds that ARQ belongs to (by Net Assets): VTI, IWM, VXF, DWAS, IWN.
ARQ has outperformed the market in the last year with a return of +78.3%, while the SPY ETF gained +23.1%. However, in the most recent history, ARQ shares have underperformed the stock market with its stock returning -17.9% in the last 3 month period and -6.3% for the last 2 week period, while SPY has returned +2.5% and +1.3%, respectively.
ARQ support price is $5.74 and resistance is $6.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARQ shares will trade within this expected range on the day.