374Water (SCWO) Set to Announce Quarterly Earnings on Wednesday

374Water (NASDAQ:SCWO) will issue its quarterly earnings data after the market closes on Wednesday, November 13th.

374Water (NASDAQ:SCWO) last released its quarterly earnings results on Thursday, August 15th. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.02). The company had revenue of $0.04 million for the quarter.

374Water Trading Down 7.4 %

Shares of SCWO stock opened at $1.51 on Tuesday. 374Water has a twelve month low of $0.83 and a twelve month high of $2.09. The business’s 50 day moving average is $1.51 and its two-hundred day moving average is $1.31. The company has a market capitalization of $200.42 million, a P/E ratio of -21.57 and a beta of -0.36.

Insider Activity

In related news, major shareholder Yaacov Nagar sold 37,832 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $1.41, for a total value of $53,343.12. Following the sale, the insider now owns 37,499,420 shares of the company’s stock, valued at approximately $52,874,182.20. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 82,851 shares of company stock worth $132,962 over the last ninety days. 54.32% of the stock is currently owned by insiders.

374Water Company Profile

374Water Inc provides a technology that transforms wet wastes into recoverable resources in the United States. The company transforms wet wastes, including sewage sludge, biosolids, food waste, hazardous and non-hazardous waste, and forever chemicals. It offers AirSCWO systems, a waste stream treatment system based on supercritical water oxidation that are used to treat various hazardous and non-hazardous waste streams.