ARQ (NASDAQ:ARQ) Trading 0.7% Higher

Arq, Inc. (NASDAQ:ARQ) traded up 0.7% during mid-day trading on Wednesday . The stock traded as high as $5.99 and last traded at $5.94. 218,539 shares traded hands during trading, a decline of 14% from the average session volume of 254,103 shares. The stock had previously closed at $5.90.

ARQ Stock Up 0.8 %

The stock has a market capitalization of $215.88 million, a PE ratio of -22.19 and a beta of 1.40. The business has a fifty day moving average price of $6.54. The company has a quick ratio of 2.29, a current ratio of 3.28 and a debt-to-equity ratio of 0.10.

ARQ (NASDAQ:ARQ) last issued its earnings results on Thursday, May 9th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.02). ARQ had a negative net margin of 8.15% and a negative return on equity of 4.65%. The company had revenue of $21.74 million during the quarter, compared to analysts’ expectations of $23.10 million. During the same period last year, the business posted ($0.41) earnings per share. On average, analysts expect that Arq, Inc. will post -0.1 EPS for the current year.

About ARQ

Arq, Inc produces activated carbon products in North America. The company's products include granular activated carbon, powdered and granular activated carbon, and colloidal carbon products; Arq Powder Wetcake, a fine and low-ash coal waste-derived particle; and additives for air emissions control.