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The Futility of AquaBounty Technologies Inc. (NASDAQ:AQB)’s Fundamentals

AquaBounty Technologies Inc. (NASDAQ:AQB) has a beta of 1.09. The stock’s Relative Strength Index (RSI) is 50.86, with weekly volatility at 6.66% and ATR at 0.36. The AQB stock’s 52-week price range has touched low of $2.26 and a $13.32 high. Its shares traded lower over the last trading session, losing -4.48% on 06/03/21. The shares fell to a low of $5.48 before closing at $5.55. Intraday shares traded counted 1.14 million, which was 34.4% higher than its 30-day average trading volume of 1.74M. AQB’s previous close was $5.81 while the outstanding shares total 64.55M.

Investors have identified the Farm Products company AquaBounty Technologies Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $391.28 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

AquaBounty Technologies Inc. (AQB) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For AQB, the company has in raw cash 210.9 million on their books with 0.38 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 213.48 million total, with 2.0 million as their total liabilities.

AQB were able to record -5.73 million as free cash flow during the 08/10/2021 quarter of the year, this saw their quarterly net cash flow reduce by 115.15 million. In cash movements, the company had a total of -4.52 million as operating cash flow.

Potential earnings growth for AquaBounty Technologies Inc. (AQB)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/10/2021 quarter of the year, AquaBounty Technologies Inc. recorded a total of 74000.0 in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 90.54% coming in sequential stages and their sales for the 08/10/2021 quarter increasing by 32.43%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.55 million trying to sell their products during the last quarter, with the result yielding a gross income of -1.48 million. This allows shareholders to hold on to 64.55M with the recently reported earning now reading -0.06 cents per share. This is a figure that compared to analyst’s prediction for their 08/10/2021 (-0.06 cents a share).

Is the stock of AQB attractive?

In related news, Director, HUBER RICHARD L bought 10,000 shares of the company’s stock in a transaction that recorded on Dec 14. The purchase was performed at an average price of 6.50, for a total value of 65,000. As the purchase deal closes, the Director, Czypinski Alana now bought 4,000,000 shares of the company’s stock, valued at 10,000,000. Also, 10% Owner, KIRK RANDAL J bought 4,000,000 shares of the company’s stock in a deal that was recorded on Aug 11. The shares were cost at an average price of 2.50 per share, with a total market value of 10,000,000. Following this completion of disposal, the Director, HUBER RICHARD L now holds 40,000 shares of the company’s stock, valued at 100,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.70%.

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