374Water, Inc. (NASDAQ:SCWO) saw a 1.8% increase in its stock after an unusually high trading volume on Friday, with about 122,395 shares changing hands during mid-day trading. The company’s 50-day and 200-day moving average prices are $3.24 and $3.19, respectively. Several institutional investors have recently made changes to their positions in the company. 374Water, Inc. is a clean technology company that provides supercritical water oxidation (SWCO) waste processors to various sectors. Yaacov Nagar and Marc Deshusses founded the company on April 30, 2021, and it is headquartered in Durham, NC.
374Water, Inc. (NASDAQ:SCWO) experienced an unusually high trading volume on Friday, with around 122,395 shares changing hands during mid-day trading, marking an increase of 54% from the previous period. The company’s stock saw a 1.8% increase, and its 50-day moving average price is $3.24, while its 200-day moving average price is $3.19. Several institutional investors have made changes to their positions in the company, including Credit Suisse AG, Blair William & Co. IL, Jane Street Group LLC, Squarepoint Ops LLC, and Citigroup Inc. In the fourth quarter, Citigroup increased its position in shares of 374Water by 613.3%, and now owns 31,299 shares of the company’s stock worth $90,000 after acquiring an additional 26,911 shares in the last quarter. Hedge funds and other institutional investors own 4.98% of the company’s stock.
374Water, Inc. is a clean technology company that provides supercritical water oxidation (SWCO) waste processors. It caters to various sectors, including municipal and industrial wastewater treatment plants, food waste, chemical plants, army camps, and emergency situations. Yaacov Nagar and Marc Deshusses founded the company on April 30, 2021, and it is headquartered in Durham, NC. For those interested in receiving news and ratings for 374Water on a daily basis, they can enter their email address to receive a concise daily summary of the latest news and analysts’ ratings for the company and related companies with MarketBeat.com’s FREE daily email newsletter.
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