Aether (NASDAQ:ATHR – Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.11) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.01, FiscalAI reports. Aether had a negative return on equity of 117.64% and a negative net margin of 349.89%.The company had revenue of $0.33 million during the quarter.
Aether Stock Down 3.6%
Shares of Aether stock traded down $0.14 during trading on Thursday, reaching $3.62. The company’s stock had a trading volume of 503 shares, compared to its average volume of 14,619. The business’s 50-day moving average price is $3.88 and its 200-day moving average price is $3.76. The firm has a market cap of $43.92 million, a PE ratio of -9.04 and a beta of 6.73. Aether has a 52 week low of $1.87 and a 52 week high of $10.60.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Aether in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.
Hedge Funds Weigh In On Aether
A hedge fund recently bought a new position in Aether stock. Axiom Investment Management LLC acquired a new position in Aether Holdings, Inc. (NASDAQ:ATHR – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 33,135 shares of the company’s stock, valued at approximately $78,000. Axiom Investment Management LLC owned approximately 0.27% of Aether as of its most recent SEC filing.
About Aether
We are an emerging financial technology platform company that offers proprietary research analytics, data and tools for both institutional and retail equity traders through our flagship platform, SentimenTrader.com. By integrating advanced technologies, including artificial intelligence (“AI”) tools, with the critical thinking and analytical abilities of our team of evidenced-based trading veterans, we aim to provide our Users with a powerful combination of technology and expertise, enabling them to make informed decisions to level-up their trading in the markets.
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