AeroClean Technologies Inc. (NASDAQ: AERC) kicked off on June 21, 2022, at the price of $18.06, down -8.57% from the previous trading day. During the day, the shares moved up to $20.40 and dropped to $16.4404 before settling in for the closing price of $18.32. Over the past 52 weeks, AERC has traded in a range of $1.76-$117.35.
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While this was happening, its average annual earnings per share was recorded -153.80%. With a float of $4.32 million, this company’s outstanding shares have now reached $13.88 million.
The firm has a total of 7 workers. Let’s measure their productivity.
AeroClean Technologies Inc. (AERC) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Pollution & Treatment Controls Industry. The insider ownership of AeroClean Technologies Inc. is 70.72%, while institutional ownership is 0.30%.
AeroClean Technologies Inc. (AERC) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 3/30/2022, the organization reported -$0.19 earnings per share (EPS), lower than consensus estimate (set at -$0.12) by -$0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -153.80% per share during the next fiscal year.
AeroClean Technologies Inc. (NASDAQ: AERC) Trading Performance Indicators
Take a look at AeroClean Technologies Inc.’s (AERC) current performance indicators. Last quarter, stock had a quick ratio of 14.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 364.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.00 in one year’s time.
Technical Analysis of AeroClean Technologies Inc. (AERC)
Analysing the last 5-days average volume posted by the [AeroClean Technologies Inc., AERC], we can find that recorded value of 19.7 million was better than the volume posted last year of 4.46 million. As of the previous 9 days, the stock’s Stochastic %D was 66.85%. Additionally, its Average True Range was 3.37.
During the past 100 days, AeroClean Technologies Inc.’s (AERC) raw stochastic average was set at 68.32%, which indicates a significant increase from 67.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 517.75% in the past 14 days, which was higher than the 245.86% volatility it showed in the past 100 days.
Now, the first resistance to watch is $19.29. This is followed by the second major resistance level at $21.82. The third major resistance level sits at $23.25. If the price goes on to break the first support level at $15.33, it is likely to go to the next support level at $13.90. Should the price break the second support level, the third support level stands at $11.37.
AeroClean Technologies Inc. (NASDAQ: AERC) Key Stats
The company with the Market Capitalisation of 224.78 million has total of 13,878K Shares Outstanding. Its annual sales at the moment are 620 K in contrast with the sum of -7,920 K annual income. Company’s last quarter sales were recorded 10 K and last quarter income was -2,580 K.