AeroGrow International (OTCMKTS:AERO) Share Price Crosses Below Fifty Day Moving Average of $1.08

AeroGrow International, Inc. (OTCMKTS:AERO) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1.08 and traded as low as $0.86. AeroGrow International shares last traded at $0.89, with a volume of 2,005 shares changing hands.

Separately, ValuEngine raised AeroGrow International from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd.

The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.96 and a current ratio of 4.13. The business has a fifty day simple moving average of $1.06 and a two-hundred day simple moving average of $1.32.

AeroGrow International (OTCMKTS:AERO) last released its quarterly earnings data on Tuesday, August 13th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $4.48 million for the quarter. AeroGrow International had a negative net margin of 4.33% and a negative return on equity of 12.51%.

About AeroGrow International (OTCMKTS:AERO)

AeroGrow International, Inc engages in the development, marketing, direct-selling, and wholesale of indoor garden systems to consumers and retailers in the United States, Canada, and various countries in Europe. The company's principal products include indoor gardens and proprietary seed pod kits that allow consumers to grow vegetables, such as tomatoes, chili peppers, and salad greens; fresh herbs comprising cilantro, chives, basil, dill, oregano, and mint; and flowers, which comprise petunias, snapdragons, geraniums, and vinca.

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