Media coverage about AquaVenture Holdings (NASDAQ:WAAS) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. AquaVenture Holdings earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.4316377808745 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s analysis:
- Zacks Investment Research Lowers AquaVenture Holdings Ltd (WAAS) to Sell (americanbankingnews.com)
- AquaVenture Holdings’ (WAAS) “Buy” Rating Reiterated at Royal Bank Of Canada (americanbankingnews.com)
- AquaVenture Holdings Provides Additional Business Update Post Hurricanes (finance.yahoo.com)
- AquaVenture Holdings Ltd (WAAS) Price Target Lowered to $21.00 at Citigroup Inc. (americanbankingnews.com)
WAAS has been the subject of a number of analyst reports. Deutsche Bank AG reaffirmed a “buy” rating and issued a $25.00 target price (down previously from $27.00) on shares of AquaVenture Holdings in a research report on Thursday, August 10th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $19.00 target price on shares of AquaVenture Holdings in a research report on Wednesday. BidaskClub downgraded shares of AquaVenture Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, September 13th. Citigroup Inc. reaffirmed a “buy” rating and issued a $21.00 target price (down previously from $24.00) on shares of AquaVenture Holdings in a research report on Monday. Finally, Zacks Investment Research downgraded shares of AquaVenture Holdings from a “hold” rating to a “sell” rating in a research report on Thursday. Two analysts have rated the stock with a sell rating, four have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $23.00.
Shares of AquaVenture Holdings (NASDAQ WAAS) traded up 0.15% on Thursday, hitting $13.77. 162,820 shares of the stock were exchanged. The stock’s market cap is $363.98 million. The stock’s 50-day moving average is $14.08 and its 200-day moving average is $14.08. AquaVenture Holdings has a 1-year low of $12.52 and a 1-year high of $26.33.
AquaVenture Holdings (NASDAQ:WAAS) last posted its earnings results on Wednesday, August 9th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.14) by ($0.07). AquaVenture Holdings had a negative return on equity of 6.11% and a negative net margin of 18.49%. The firm had revenue of $29.00 million during the quarter, compared to the consensus estimate of $30.91 million. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. Analysts forecast that AquaVenture Holdings will post ($0.93) earnings per share for the current year.
In other news, CEO Douglas R. Brown bought 14,018 shares of AquaVenture Holdings stock in a transaction dated Friday, September 22nd. The stock was purchased at an average price of $14.36 per share, for a total transaction of $201,298.48. Following the purchase, the chief executive officer now directly owns 1,484,042 shares in the company, valued at approximately $21,310,843.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Douglas R. Brown bought 24,179 shares of AquaVenture Holdings stock in a transaction dated Tuesday, August 15th. The stock was purchased at an average price of $14.66 per share, with a total value of $354,464.14. Following the purchase, the chief executive officer now owns 1,452,845 shares in the company, valued at $21,298,707.70. The disclosure for this purchase can be found here.
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About AquaVenture Holdings
AquaVenture Holdings Limited is a multinational provider of Water-as-a-Service solutions. The Company’s segments are Seven Seas Water and Quench. The Seven Seas Water segment provides outsourced desalination solutions and wastewater treatment for governmental, municipal, industrial and hospitality customers.
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