Streetbeat News

ARQ

Arq, Inc.

https://www.arq.com

Industry

Industrial - Pollution & Treatment Controls

Arq, Inc. produces activated carbon products in North America. The company's products include granular activated carbon, powdered activated carbon, and colloidal carbon products; Arq Powder Wetcake, a fine and low-ash coal waste-derived particle; and additives for air emissions control. Its products are used in various applications, including; water treatment, ground water remediation, soil sediments, air emissions, and asphalt additives. The company was formerly known as Advanced Emissions Solutions, Inc. and changed its name to Arq, Inc. in February 2024. The company was founded in 1996 and is headquartered in Greenwood Village, Colorado.

Open

6.91

Mkt cap

321M

Volume

549K

High

7.77

P/E Ratio

254.33

52-wk high

8.26

Low

6.91

Div yield

N/A

52-wk low

2.31

Arq has been added to the Russell 3000 Index, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 12:03 pm

Arq has announced a sales contract for the supply of Granular Activated Carbon (GAC) to be produced from its Red River facility.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 12:11 pm

Arq, Inc. (NASDAQ:ARQ) announced a $15 million Private Investment in Public Equity (PIPE) transaction at $7.00 per share, resulting in the issuance of 2,142,858 new common equity shares and a 5.7% ownership stake for the new investor.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:48 am

Arq has secured a supply contract for its strategic granular activated carbon (GAC) facility, with a North American provider of water and wastewater treatment and PFAS capture technologies committing to purchase an estimated 5 million pounds of GAC product in 2025.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:39 pm

Arq reported Q1 2024 earnings of $0.09 per share, surpassing the $(0.07) estimate, but its sales of $21.700M fell short of the $23.100M forecast.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 9:05 pm

Five materials sector stocks, Arq, Inc. (ARQ), Alcoa Corporation (AA), Harmony Gold Mining Company Limited (HMY), Tredegar Corporation (TG), and Kaiser Aluminum Corporation (KALU), are considered overbought as of April 3, 2024, based on their RSI values. These stocks have shown significant price gains over the past month, with ARQ, AA, HMY, TG, and KALU experiencing increases in their stock prices following positive financial results or strategic moves.

Portfolio Pulse from Avi Kapoor

April 03, 2024 | 12:44 pm

As of March 19, 2024, four materials sector stocks are considered overbought based on their RSI values, suggesting potential short-term performance concerns. United States Lime & Minerals, Inc. (USLM), Arq, Inc. (ARQ), Freeport-McMoRan Inc. (FCX), and Southern Copper Corporation (SCCO) have shown significant price movements and are highlighted for their momentum, which may indicate a need for caution among momentum investors.

Portfolio Pulse from Avi Kapoor

March 19, 2024 | 12:28 pm

Clover Health Investments, Corp. (CLOV) shares rose by 11% after reporting better-than-expected Q4 revenue and FY24 guidance. Other stocks also moved significantly, with Gaxos.ai Inc. (GXAI) and Veritone, Inc. (VERI) among the top gainers, while voxeljet AG (VJET) and Luna Innovations Incorporated (LUNA) led the losers.

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 5:18 pm

Arq Inc (NASDAQ:ARQ) shares surged after reporting its first positive net income in eight quarters, with Q4 FY23 sales up 20% YOY to $28.104 million, beating estimates. Gross margin expanded to 49.8%, and EPS of $0.10 beat the $(0.08) estimate. Shares rose 40% to $4.859.

Portfolio Pulse from Shivani Kumaresan

March 13, 2024 | 5:09 pm

Arq shares are trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 1:28 pm

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