AirJoule Technologies Corporation (NASDAQ:AIRJ – Get Free Report)’s stock price dropped 4.2% during trading on Thursday . The company traded as low as $4.98 and last traded at $5.04. Approximately 1,624,930 shares traded hands during mid-day trading, an increase of 58% from the average session volume of 1,029,340 shares. The stock had previously closed at $5.26.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on AIRJ shares. UBS Group set a $10.00 target price on shares of AirJoule Technologies in a report on Monday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of AirJoule Technologies in a report on Thursday, August 13th. B. Riley Financial increased their target price on shares of AirJoule Technologies from $6.00 to $8.00 and gave the stock a “buy” rating in a research note on Monday. Seaport Research Partners assumed coverage on AirJoule Technologies in a report on Friday, May 8th. They set a “buy” rating and a $7.00 price target on the stock. Finally, HC Wainwright restated a “buy” rating and issued a $12.00 price target on shares of AirJoule Technologies in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, AirJoule Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $9.50.
View Our Latest Stock Report on AIRJ
AirJoule Technologies Trading Down 0.4%
AirJoule Technologies (NASDAQ:AIRJ – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.04). As a group, equities research analysts anticipate that AirJoule Technologies Corporation will post -0.09 earnings per share for the current fiscal year.
Hedge Funds Weigh In On AirJoule Technologies
Hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new stake in shares of AirJoule Technologies in the second quarter valued at $31,000. Group One Trading LLC acquired a new stake in shares of AirJoule Technologies during the 2nd quarter worth about $42,000. Fagan Associates Inc. purchased a new stake in shares of AirJoule Technologies during the fourth quarter worth about $46,000. Abel Hall LLC purchased a new stake in shares of AirJoule Technologies during the fourth quarter worth about $46,000. Finally, Invesco Ltd. acquired a new position in shares of AirJoule Technologies in the second quarter valued at approximately $50,000. Hedge funds and other institutional investors own 63.65% of the company’s stock.
About AirJoule Technologies
Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.
Featured Stories
- Five stocks we like better than AirJoule Technologies
- Flash in the Pan or Sustained Rally Contender? 3 Momentum Stocks to Watch
- MarketBeat Week in Review – 08/17 – 08/21
- Blueprint for a Boom: SEC Clears the Crypto Runway
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
Receive News & Ratings for AirJoule Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AirJoule Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
