Advanced Emissions Solutions (NASDAQ:ADES) Rating Lowered to D+ at TheStreet


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Advanced Emissions Solutions (NASDAQ:ADES) was downgraded by analysts at TheStreet from a “c-” rating to a “d+” rating in a research note issued to investors on Tuesday, TheStreetRatingsTable reports.

NASDAQ ADES opened at $5.46 on Tuesday. The firm has a market cap of $101.11 million, a price-to-earnings ratio of -8.27 and a beta of 0.88. Advanced Emissions Solutions has a 12-month low of $3.52 and a 12-month high of $8.00. The company has a quick ratio of 1.14, a current ratio of 1.40 and a debt-to-equity ratio of 0.07. The company has a 50-day simple moving average of $5.72 and a two-hundred day simple moving average of $5.28.

Advanced Emissions Solutions (NASDAQ:ADES) last released its quarterly earnings data on Wednesday, March 10th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter. Advanced Emissions Solutions had a negative net margin of 19.63% and a positive return on equity of 15.49%. The firm had revenue of $18.36 million for the quarter.

Several institutional investors and hedge funds have recently made changes to their positions in ADES. Apollo Management Holdings L.P. grew its holdings in Advanced Emissions Solutions by 11.8% during the third quarter. Apollo Management Holdings L.P. now owns 1,791,966 shares of the industrial products company’s stock valued at $7,275,000 after purchasing an additional 189,000 shares during the period. BlackRock Inc. increased its stake in Advanced Emissions Solutions by 4.3% in the fourth quarter. BlackRock Inc. now owns 1,210,360 shares of the industrial products company’s stock worth $6,657,000 after purchasing an additional 50,254 shares during the period. Morgan Stanley increased its holdings in Advanced Emissions Solutions by 242.6% during the 3rd quarter. Morgan Stanley now owns 156,016 shares of the industrial products company’s stock worth $634,000 after purchasing an additional 110,479 shares during the period. Van ECK Associates Corp purchased a new stake in shares of Advanced Emissions Solutions in the 4th quarter worth approximately $721,000. Finally, Dimensional Fund Advisors LP raised its holdings in Advanced Emissions Solutions by 37.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 90,132 shares of the industrial products company’s stock worth $496,000 after purchasing an additional 24,364 shares in the last quarter. 61.13% of the stock is owned by institutional investors.

Advanced Emissions Solutions Company Profile

Advanced Emissions Solutions, Inc, together with its subsidiaries, provides emission reduction technologies and specialty chemicals in the United States. It operates through two segments, Refined Coal; and Power Generation and Industrials. The company offers CyClean technology, a pre-combustion coal treatment process to enhance combustion, as well as to reduce emissions of nitrogen oxide and mercury from coals burned in cyclone boilers; and M-45 and M-45-PC technologies, which are pre-combustion coal treatment technologies used to control emissions from circulating fluidized bed boilers and pulverized coal boilers.

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