Price Action Report: Is Buying 52-Week Stock Like Advanced Emissions Solutions, Inc. a Winning Strategy?

Price Action Report: Is Buying 52 Week Stock Like Advanced Emissions Solutions, Inc. a Winning Strategy?

The stock of Advanced Emissions Solutions, Inc. (NASDAQ:ADES) hit a new 52-week high and has $12.44 target or 36.00% above today’s $9.15 share price. The 5 months bullish chart indicates low risk for the $198.02 million company. The 1-year high was reported on Nov, 21 by Barchart.com. If the $12.44 price target is reached, the company will be worth $71.29 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 62,202 shares traded hands or 49.36% up from the average. Advanced Emissions Solutions, Inc. (NASDAQ:ADES) has risen 38.46% since April 19, 2016 and is uptrending. It has outperformed by 34.60% the S&P500.

Analysts await Advanced Emissions Solutions, Inc. (NASDAQ:ADES) to report earnings on April, 18.

According to Zacks Investment Research, “Advanced Emissions Solutions, Inc. develops, offers and implements environmental technologies, equipment and specialty chemicals that enable coal-fueled power plants to meet emissions regulations. It operates in three principal business segments: Refined Coal, Emissions Control and CO2 capture. The company also offers dry sorbent injection systems to control SO2 and acid gases. It operates primarily in the United States along with its subsidiaries. Advanced Emissions Solutions, Inc. formerly known as ADA-ES, Inc., is based in Highlands Ranch, Colorado.”

Insitutional Activity: The institutional sentiment is 0 in 2016 Q2. Its the same as in 2016Q1. The ratio has no change, as 0 funds sold all Advanced Emissions Solutions, Inc. shares owned while 0 reduced positions. only 0 funds bought stakes while 0 increased positions. They now own 973,802 shares or 0.00% without change from 973,802 shares in 2016Q1.
Ami Inv last reported 168,202 shares in the company. Botty Invsts Ltd Liability Corp reported 5,600 shares or 0.02% of all its holdings. Price Michael F holds 0.75% of its portfolio in Advanced Emissions Solutions, Inc. (NASDAQ:ADES) for 800,000 shares.

More recent Advanced Emissions Solutions, Inc. (NASDAQ:ADES) news were published by: Quotes.Wsj.com which released: “News Advanced Emissions Solutions Inc.ADES” on February 12, 2011. Also Fool.com published the news titled: “Advanced Emissions Solutions, Inc. Shares Climb 27% Today” on February 03, 2015. Globenewswire.com‘s news article titled: “Advanced Emissions Solutions Names Heath Sampson as Chief Executive Officer” with publication date: April 07, 2015 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment