Arq, Inc. (ARQ)

Several events have impacted Arq, Inc.'s stock price over the past six months. Arq reported better-than-expected first-quarter results but faced negative free cash flow, leading to debt covenant relief and delays in the GAC expansion project. The company announced a revenue increase and positive Adjusted EBITDA in the second quarter, along with the commissioning of its first GAC production line. Arq published its 2024 Sustainability Report, highlighting financial and operational performance and its strategic position to capitalize on demand driven by PFAS regulations. Arq announced the schedule for its Q3 2025 financial results release and conference call. ARQ stock recorded 10 green days (33%) with 2.23% price volatility over the last 30 days, with a price decrease of -0.715% on October 27, 2025, and was down by -3.74% over the preceding 10 days.

Demand for Arq, Inc.'s activated carbon products is influenced by seasonal factors in its application markets. Water treatment demand experiences seasonal fluctuations, with powdered activated carbon favored for seasonal water quality management. Air emissions control demand may be indirectly affected by seasonal demand cycles in the electricity market. The broader activated carbon market is driven by increasing environmental regulations and awareness regarding water quality.

Arq, Inc. is an environmental technology company specializing in air, water, and soil treatment solutions using activated carbon, operating within the Industrials sector, specifically in the Pollution & Treatment Controls industry. The company manufactures and sells granular activated carbon (GAC), powdered activated carbon (PAC), colloidal carbon products, Arq Powder Wetcake, and additives for air emissions control, which are used in various applications. Arq is the only vertically integrated producer of activated carbon products in North America.

Arq, Inc. operates in the United States and Canada, with manufacturing, mining, and logistic facilities in Louisiana and Kentucky. The company's corporate headquarters are located in Greenwood Village, Colorado.

Arq, Inc. generally maintains a positive brand reputation, with a consensus rating of "Moderate Buy" from analysts. Its MarketRank™ score indicates it performs better than 66% of companies in the business services sector, and its news sentiment score is positive. The publication of its 2024 Sustainability Report likely contributed positively to its reputation.

Arq, Inc.'s ownership includes institutional, insider, and retail investors. Key institutional shareholders include AIGH Capital Management LLC, Alta Fundamental Advisers LLC, BlackRock, Inc., and Vanguard Group Inc. Notable individual and insider owners include Arq Ltd, Julian Alexander McIntyre, and Jeremy Blank, with Arq Ltd being the largest individual shareholder. Insider sentiment has been positive, with high-impact open-market purchases from 11 different insiders over the last year.