ARQ (NASDAQ:ARQ) Releases Earnings Results, Misses Expectations By $0.01 EPS

ARQ (NASDAQ:ARQ) announced its earnings results on Monday. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.01), Yahoo Finance reports. ARQ had a negative net margin of 8.15% and a negative return on equity of 4.65%. The firm had revenue of $25.41 million for the quarter, compared to the consensus estimate of $20.60 million. During the same period in the prior year, the business earned ($0.21) EPS.

ARQ Trading Up 1.1 %

NASDAQ:ARQ traded up $0.06 on Tuesday, hitting $5.70. 105,232 shares of the company’s stock traded hands, compared to its average volume of 242,012. ARQ has a 1 year low of $1.50 and a 1 year high of $8.26. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.29 and a current ratio of 3.28. The firm has a market capitalization of $205.43 million, a P/E ratio of -20.74 and a beta of 1.40. The firm’s 50-day simple moving average is $6.03.

ARQ Company Profile

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.