Advanced Emissions Solutions (ADES) Sees Large Volume Increase

Shares of Advanced Emissions Solutions, Inc. (NASDAQ:ADES) saw an uptick in trading volume on Wednesday . 854,562 shares traded hands during trading, an increase of 631% from the previous session’s volume of 116,979 shares.The stock last traded at $12.86 and had previously closed at $12.65.

A number of research firms recently weighed in on ADES. ValuEngine lowered shares of Advanced Emissions Solutions from a “hold” rating to a “sell” rating in a report on Friday, March 22nd. HC Wainwright reaffirmed a “buy” rating on shares of Advanced Emissions Solutions in a report on Wednesday, March 20th. Finally, Zacks Investment Research raised shares of Advanced Emissions Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, January 3rd.

The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.93 and a current ratio of 1.47. The firm has a market capitalization of $238.09 million, a price-to-earnings ratio of 7.45 and a beta of 1.37.

Advanced Emissions Solutions (NASDAQ:ADES) last posted its earnings results on Monday, March 18th. The industrial products company reported $0.36 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.01). The firm had revenue of $10.63 million for the quarter, compared to the consensus estimate of $4.76 million. Advanced Emissions Solutions had a return on equity of 46.43% and a net margin of 148.06%. Equities analysts predict that Advanced Emissions Solutions, Inc. will post 3.39 earnings per share for the current year.

A number of institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC increased its holdings in Advanced Emissions Solutions by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 239,909 shares of the industrial products company’s stock worth $2,531,000 after acquiring an additional 7,865 shares during the period. Alta Fundamental Advisers LLC grew its stake in Advanced Emissions Solutions by 1.9% in the 4th quarter. Alta Fundamental Advisers LLC now owns 1,371,379 shares of the industrial products company’s stock worth $14,468,000 after buying an additional 25,000 shares in the last quarter. Bank of America Corp DE grew its stake in Advanced Emissions Solutions by 32.6% in the 4th quarter. Bank of America Corp DE now owns 25,856 shares of the industrial products company’s stock worth $273,000 after buying an additional 6,354 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new position in Advanced Emissions Solutions in the 4th quarter worth approximately $83,000. Finally, Advisor Group Inc. grew its stake in Advanced Emissions Solutions by 76.1% in the 4th quarter. Advisor Group Inc. now owns 4,801 shares of the industrial products company’s stock worth $51,000 after buying an additional 2,074 shares in the last quarter. 71.35% of the stock is currently owned by institutional investors and hedge funds.

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Advanced Emissions Solutions Company Profile (NASDAQ:ADES)

ADA-ES, Inc (ADA) develops, offers, and implements environmental technologies and provides equipment and specialty chemicals that enable coal-fueled power plants to meet emissions regulations by enhancing existing air pollution control equipment. ADA’s wholly owned subsidiaries include Advanced Emissions Solutions, Inc, ADA Intellectual Property, LLC and ADA Environmental Solutions, LLC.

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