ARQ (ARQ) to Release Earnings on Wednesday

ARQ (NASDAQ:ARQ - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, November 6th. Analysts expect ARQ to post earnings of $0.05 per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

ARQ (NASDAQ:ARQ - Get Free Report) last issued its quarterly earnings data on Monday, August 12th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.01). ARQ had a negative return on equity of 2.38% and a negative net margin of 4.07%. The firm had revenue of $25.41 million during the quarter, compared to the consensus estimate of $20.60 million. During the same period in the previous year, the company posted ($0.21) earnings per share. On average, analysts expect ARQ to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ARQ Stock Performance

Shares of ARQ stock traded down $0.12 during mid-day trading on Thursday, hitting $5.89. 121,010 shares of the stock were exchanged, compared to its average volume of 240,094. The company has a market capitalization of $215.07 million, a P/E ratio of -50.08 and a beta of 1.40. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.83 and a current ratio of 2.68. The company has a 50-day simple moving average of $5.90 and a 200 day simple moving average of $6.33. ARQ has a 12 month low of $1.61 and a 12 month high of $8.26.

Insiders Place Their Bets

In related news, CEO Robert E. Rasmus acquired 25,000 shares of the stock in a transaction on Monday, September 23rd. The shares were acquired at an average price of $5.25 per share, with a total value of $131,250.00. Following the completion of the transaction, the chief executive officer now owns 450,792 shares in the company, valued at approximately $2,366,658. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 26.87% of the company's stock.

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.